Luxury Suites Hotels includes the following selected accounts in its general ledger at December 31, 2014:

Prepare the liabilities section of Luxury Suites’ balance sheet at December 31,2014.

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25,000 Accounts Payable Notes Payable (long-term) Bonds Payable (due 2020) Interest Payable (due next year) Estimated Warranty Payable 34,000 9,750 2,800 800 325,000 Discount on Bonds Payable 1,200 Salaries Payable 1800 Sales Tax Payable