Kara Company provided the following information:

	1/1/2013	12/31/2013
Current Assets	240,000	?
Property, plant and equipment	1,600,000	1,700,000
Current liabilities	?	130,000
Noncurrent liabilities	580,000	?

All assets and liabilities of the entity are reported at year-end. Working capital of 92,000 remained unchanged from 2012 to 2013. Net income in 2013 was 64,000. No dividends were declared during 2013 and there were no other changes in owners equity.

What amount should be reported as noncurrent liabilities on December 31, 2013?

(Please show a detailed solution)