By the Month Inc. sold 32,000 annual magazine subscriptions for $10 during December 20Y4. These new subscribers will receive monthly issues, beginning in January 20Y5. By the Month Inc. issued a $96,000, 180-day, 5% note payable on December 1, 20Y4. On March 31, 20Y5, By the Month Inc. had accounts payable of $43,000 and accrued wages payable of $12,200.

Prepare the Current Liabilities section of the balance sheet for By the Month Inc. on March 31, 20Y5.