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Galan Associates prepared its financial statement for 2020 based on the information given here. The company had cash worth $1,228, inventory worth $13,906, and accounts
Galan Associates prepared its financial statement for 2020 based on the information given here. The company had cash worth \$1,228, inventory worth $13,906, and accounts receivable of $7,672. The company's net fixed assets are $42,600, and other assets are $1,864. It had accounts payable of $9,763, notes payable of $2,919, par value and paid-in capital of $22,616, and retained earnings of $14,480. How much long-term debt does the company have
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