Tim Dye

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year’s financial statements. He has gathered the following information necessary to do so: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $313,299, retained earnings of $512,159, inventory of $212,444, goodwill and other assets equal to $78,656, net plant and equipment of $711,256, and notes payable of $21,115. It also has accounts receivable of $141,258 and other current assets of $11,223.

What amount of long-term debt does Blackwell Automotive have?