Success Magazine, Inc., includes the following selected accounts in its general ledger at December 31, 2012:

Prepare the liabilities section of Success Magazine€™s balance sheet at December 31, 2012, to show how the company would report these items. Report a total for currentliabilities.

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$39,000 27,000 Discount on Bonds Payable13,000 Mortgage Notes Payable (due in 15 years) $120,000 Accounts Payable Lease Payable, Long-Ter Bonds Payable (due in 10 years)375,000 Interest Payable (due next year) 1,100