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The following items are taken from the financial statements of the Pronghorn Service for the year ending December 31, 2021: Accounts payable $ 17800 Accounts
The following items are taken from the financial statements of the Pronghorn Service for the year ending December 31, 2021: Accounts payable $ 17800 Accounts receivable 11100 Accumulated depreciation - equipment 27600 Advertising expense 20500 Cash 15300 Common stock Dividends 41400 14000 Depreciation expense 12000 Insurance expense 3100 Note payable, due 6/30/22 70500 Prepaid insurance (12-month policy) 6200 Rent expense 17100 Note payable, due 6/30/22 70500 Prepaid insurance (12-month policy) 6200 Rent expense 17100 Retained earnings (1/1/21) 56400 Salaries and wages expense 32400 Service revenue 135000 Supplies 4000 Supplies expense 6000 Equipment 207000 What are total long-term liabilities at December 31, 2021? $88300 $70500 $90300 0 $0
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