The accounting records of Arthur Curry Associates Inc. include the following items:

Required

Show how these items would be reported on the Arthur Curry Associates Inc. balance sheet, including headings for property, plant, and equipment, current liabilities, and long-term liabilities. Note disclosures are not required. The premium on bonds payable must be split between the current and long-term portions of the bonds payable.

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Equipment Acquired under Capital Lease. Bonds Payable Current Portion. Mortgage Payable- Long-term. $591,000 238,000 Accumulated Amortization- 225,000 Equipment. Capital Lease Liability- Current. 123,000 Capital Lease Liability- Long-term.. Discount on Bonds Payable Long-term. 162,000 64,000 Mortgage Note Payable- Current. 21,000 69,000 Bonds Payable- Long-term.. Interest Expense Interest Revenue.. 15,000 900,000 Interest Payable . 84,000 $171,000