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The following items are taken from the financial statements of the Waterway Service for the...

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Accounting

The following items are taken from the financial statements of the Waterway Service for the year ending December 31, 2020:

Accounts payable $ 17700
Accounts receivable 11000
Accumulated depreciation equipment 28400
Advertising expense 20700
Cash 15300
Owners capital (1/1/20) 42400
Owners drawings 13800
Depreciation expense 12300
Insurance expense 3100
Note payable, due 6/30/21 70900
Prepaid insurance (12-month policy) 5800
Rent expense 17300
Salaries and wages expense 32400
Service revenue 131500
Supplies 4000
Supplies expense 6100
Equipment 229200

What are total long-term liabilities at December 31, 2020?

$ 90600

$ 70900

$ 0

$ 88600

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