Following are pertinent facts about events during the current year at Sun Mountain Snowboards.

a. December sales totaled $207,000, and Sun Mountain collected sales tax of 5 percent. The sales tax will be sent to the state of Oregon early in January.

b. Sun Mountain owes $200,000 on a long-term note payable. At December 31, 9 percent interest for the year plus $45,000 of principal are payable within one year.

c. On August 31, Sun Mountain signed a six-month, 8 percent note payable to purchase a machine costing $60,000. The note requires payment of principal and interest at maturity.

d. Sales of $998,000 were covered by the Sun Mountain product warranty. At January 1, estimated warranty payable was $11,500. During the year, Sun Mountain recorded warranty expense of $28,000 and paid warranty claims of $30,075.

e. On October 31, Sun Mountain received cash of $28,500 in advance for the rent on a building. This rent will be earned evenly over six months.

Requirement

For each item, indicate the account and the related amount to be reported as a current liability on Sun Mountain Snowboards' December 31 balance sheet. Round calculations to the nearest dollar?