Problem $2-18$ Accounting Values versus Cash Flows $[$LO$2]$ During $2021.$ Raines Umbrella Corporation had sales of $$850,000.$ Cost of goods sold, administrative and selling expenses, and depreciation expenses were $$610,000,$ $$125,000,$ and $$155,000,$ respectively. In addition, the company had an interest expense of $$57,000$ and a tax rate of $21$ percent. $($Ignore any tax loss carryforward provisions and assume interest expense is fully deductible$)$ Suppose the company paid out $$63,000$ in cash dividends. If net capital spending and net working capital were both zero, and if no new stock was issued during the year, what is the net new long$-$term debt? $($Do not round intermediate calculations.$)$