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The balance sheet for the Bayberry Lodge shows the following: Cash = exist57,000: Accounts Receivable = exist38,000: Inventories = 8, 500: Net Fixed Assets =

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The balance sheet for the Bayberry Lodge shows the following: Cash = exist57,000: Accounts Receivable = exist38,000: Inventories = 8, 500: Net Fixed Assets = exist606,000: Accounts Payable = exist32, 500: Common Stock = exist95,000: Retained Earnings = 156,000. exist24,000 is due on the mortgage this year, with exist402,000 due in future years. What is the amount of total long-term liabilities? exist402,000 exist251,000 exist 56, 500 exist103, 500

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