Carbon Company's accounting records provided the following information (all amounts in thousands of dollars) :
All assets and liabilities of the firm are reported in the schedule above.Working capital of $92 remained unchanged from 2012 to 2013.Net income in 2011 was $64.No dividends were declared during 2013 and there were no other changes in owners' equity.Total long-term liabilities at the end of 2013 would be
A) $340.
B) $432.
C) $580.
D) $616.
Correct Answer:
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