or her bonds.\ Question 2\ At the beginning of the year, Quaney Corporation had a long-term debt balance of

$46,755

. During the year, the company repaid a long-term loan in the amount of

$12,630

. The company paid

$4,795

in interest during the year, and opened a new long-term loan for

$11,145

. How much is the ending long-term debt account on the company's balance sheet?\ (1)

$50,065

\

$48,240

\

$45,270

\

$6,280

\

$53,105

\ Question 3

or her bonds. Question 2 --/ 5 At the beginning of the year, Quaney Corporation had a long-term debt balance of $46,755. During the year, the company repaid a long-term loan in the amount of $12,630. The company paid $4,795 in interest during the year, and opened a new long-term loan for $11,145. How much is the ending long-term debt account on the company's balance sheet? 1 $50,065 2 $48,240 3 $45,270 4 $6,280 5 $53,105 Question 3 -- /5