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Q Company has the following information Accounts payable $80,000 Accounts receivable 100,000 Accumulated Depreciation-Buildings 460,000 Buildings 1,200,000 Cash 70,000 Common Stock 700,000 Copyright 180,000 190,000

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Q Company has the following information Accounts payable $80,000 Accounts receivable 100,000 Accumulated Depreciation-Buildings 460,000 Buildings 1,200,000 Cash 70,000 Common Stock 700,000 Copyright 180,000 190,000 Inventory Investments in Stocks & Bonds (Will hold 5 years) 130,000 Investments in Stocks & Bonds (Will hold 5 months) 60,000 Land 250,000 550,000 Mortgage Payable (30 year) Notes payable (Due 7/1/2020) Notes payable (Due 7/1/2018) 280,000 30,000 Prepaid insurance 10,000 20,000 Retained Earnings Salaries payable 90,000 Based on the above data, what is the amount of long-term liabilities on Q Company's 12/31/2017 classified balance sheet? Based on the above data, what is the amount of long-term liabilities on Q Company's 12/31/2017 classified balance sheet? $910,000 O $830,000 O $1,530,000 O $920,000 ha

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