Question: Please show work with formulas and steps. George Robinson, the CFO of Oriole Automotive, Inc. is putting together this year's financial statements. He has gathered

Please show work with formulas and steps.

George Robinson, the CFO of Oriole 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 $24,500, accounts payable of $164,700, common stock of $314,700, retained earnings of $513,700, inventory of $213,900, goodwill and other assets equal to $80,200, net plant and equipment of $712,700, and short-term notes payable of $22,600. It also had accounts receivable of $142,700 and other current assets of $12,700. How much long-term debt does Oriole Automotive have?

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