Durlng the year, Belyk Paving Company had sales of $1,745,000. Cost of goods sold, admInlstratlve and selling expenses, and depreclation expense were $880,000,$470,000, and $385,000, respectlvely. In addition, the company had an Interest expense of $195,000 and a tax rate of 21 percent. Ignore any tax loss carryforward orovision and assume Interest expense Is fully deductible. The company pald out $370,000 In cash dividends. Assume net capltal spending was zero, no new Investments were made In net working capltal, and no new stock was Issued during the year. Calculate the firm's new long-term debt added during the year. Note: Do not round Intermedlate calculatlons and round your answer to the nearest whole number, e.g., 32