Problem 3-98 Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 200,000 Total assets $ 1,700,000 Current ratio 4.0 Acid-test ratio 2.75 Debt to equity ratio 1.5 Required: Compute the long-term liabilities for Bronco: