Use the following information to compute the company's total debt.
Selected information
Short-term borrowings $4,500 Current portion of lease obligations $550
Short-term notes payable 72,000 Long-term loans receivable 15,500
Interest payable 1,100 Long-term debt, net of current portion 120,000
Current portion of long-term debt 700 Long-term portion of lease obligations 6,500
Select one:
a. $197,200
b. $205,350
c. $204,250
d. $220,850