Presented here are liability items for O’Brian Inc. at December 31, 2017. Prepare the liabilities section of O’Brian’s balance sheet.

Accounts payable $157,000 FICA taxes payable $ 7,800 Notes payable 20,000 Interest payable 40,000

(due May 1, 2018) Notes payable (due 2019) 80,000 Bonds payable (due 2021) 900,000 Income taxes payable 3,500 Unearned rent revenue 240,000 Sales taxes payable 1,700 Discount on bonds payable 41,000