Question: At December 3 1 , 2 0 2 5 , Grouper Company has outstanding three long - term debt issues. The first is a $

At December 31,2025, Grouper Company has outstanding three long-term debt issues. The first
is a $2,080,000 note payable which matures June 30,2028. The second is a $6,430,000 bond issue
which matures September 30,2029. The third is a $10,870,000 sinking fund debenture with
annual sinking fund payments of $2,174,000 in each of the years 2027 through 2031.
Prepare the required note disclosure for the long-term debt at December 31,2025.(Do not leave
any answer field blank.

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