1. Presented below are selected accounts for San Marcos Corporation for December 31 of the current year.

   	Debit	Credit
   Accounts Receivabletrade	$740
   Building and Equipment	1,040
   Cash in Bankoperating	69
   Interest Receivable	55
   Installment Receivables	80
   Merchandise Inventory	45
   Land	320
   Notes Receivablelong term	545
   Petty Cash	28
   Prepaid Expensescurrent	52
   Supplies	39
   Patent	80
   Accounts PayableTrade		645
   Accumulated Depreciation		245
   Additional Paid-in Capital		620
   Allowance for Uncollectible Accounts		75
   Cash Dividends Payable		80
   Common Stock$1 par value		65
   Income Tax Payable		105
   Notes Payable2 years		920
   Retained Earnings		85
   Unearned Revenues2 years		105
   Cash Dividends Declared Service Revenue	260	608
   Operating Expenses	200
   TOTALS	$3,553	$3,553

   What are long-term liabilities for San Marcos Corporation?

   		$920
   		$1,000
   		$1,025
   		$0