He following information pertains to global exports inc., specifically to their long term debt as of december 31,2018. using the information given, write a short note fore the financial statements describing the various parts of the long term debt and the company's future plans for dealing with the debt. upload your note in a word document using the link below. global exports inc. - long term debt - 12/31/2018 long term notes payables (4% interest) of $15 million, maturing over next 10 years. 10% of principal is due this year $20 million of 7% secured bonds collateralized on buildings, due in 10 years. $5 million in 9% debenture bonds, due in 2 years. $100 million in outstanding 8% term bonds, maturing in 2025 last year, the company borrowed $5 million at 4% from a related party, payable in 3 years plans on redeeming above term bonds by issuing preferred stock plans to refinance all outstanding debt with rates over 6% for lower interest notes.