During the year, Belyk Paving Co. had sales of $2,385,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,440,000, $436,500, and $491,500, respectively. In addition, the company had an interest expense of $216,500 and a tax rate of 30 percent (ignore any tax loss carryback or carryforward provisions.). Belyk Paving Co. paid out $378,000 in cash dividends. Assume that no new investments were made in net fixed assets or net working capital, and no new stock was issued during the year. Required: Calculate the firm's new long-term debt added during the year. (Do not include the dollar sign ($).) Long-term debt $