Tanith and Comrades, Inc. has beginning long-term debt of $45,700, which is the principal balance of a loan payable to The Pegasus Galaxy Savings Bank. During the year, the company paid a total of $18,200 to the bank, including $4,600 of interest. The company also borrowed $6,600, including $3,600 in loans that are convertible to preferred stock. What is the value of the ending long-term debt? Answer Tolerance: $ 375