Presented below are selected accounts for San Marcos Corporation for December 31 of the current year. Accounts Receivable-trade Building and Equipment Cash in Bank-operating Interest Receivable Installment Receivables Merchandise Inventory Debit Credit $750 1,030 59 35 70 55 Land Notes Receivable-long term Petty Cash Prepaid Expenses-current Supplies Patent Accounts Payable-Trade Accumulated Depreciation Additional Paid-in Capital 222222 310 535 28 32 49 70 $625 255 620 Allowance for Uncollectible Accounts 55 Cash Dividends Payable 70 Common Stock-$1 par value 65 Income Tax Payable 95 Notes Payable-2 years 920 Retained Earnings 85 Unearned Revenues-2 years 105 Cash Dividends Declared 270 Service Revenue 598 Operating Expenses 200 Totals $3,493 $3,493 What are long-term liabilities for San Marcos Corporation? A. $990 B. $1,025 C. $920 OD. $1,120