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What is the amount of the net new borrowing for the current
Course:- Finance Basics
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The balance sheet of a firm shows current liabilities of \$62,400 and long-term debt of \$205,900 as of last year. Current liabilities are \$50,600 and long-term debt is \$216,300 as of today, which is the end of the current year. The income statement for the current year displays an interest paid amount of \$8,200. What is the amount of the net new borrowing for the current year?

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