: Jason Allen, the CFO of Blossom Automotive, Inc., is putting together this year’s financial statements. He has gathered the following balance sheet information: The

: Jason Allen, the CFO of Blossom Automotive, Inc., is putting together this year’s financial statements. He has gathered the following
balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163.257, common stock of $312,000,
retained earnings of $512,159, inventory of $212,500, goodwill and other assets equal to $78,656, net plant and equipment of
$712,000, and short-term notes payable of $21,115. It also had accounts receivable of $141,258 and other current assets of
$11.223. How much long-term debt does Blossom Automotive have?
Long-term debt

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