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Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this years financial statements. He has gathered the following information. The firm had a

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this years financial statements. He has gathered the following information. The firm had a cash balance of $117,018, accounts payable of $28,222, common stock of $113,826, retained earnings of $82,857, inventory of $121,806, goodwill and other assets equal to $71,356, net plant and equipment of $44,026, and short-term notes payable of $70,426. It also has accounts receivable of $263,657 and other current assets of $38,754. How much long-term debt does Blackwell Automotive have?

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