During the year, Belyk Paving Company had sales of $$1,745,000.$ Cost of goods sold, administrative and selling expenses, and depreciation expense were $$880,000,$ $$470,000,$ and $$385,000,$ respectively. In addition, the company had an interest expense of $$195,000$ and a tax rate of $21$ percent. Ignore any tax loss carryforward provision and assume interest expense is fully deductible. The company paid out $$370,000$ in cash dividends. Assume net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year. Calculate the firm's new long$-$term debt added during the year.