E9-1 (Algo) Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO 9-1, 9-4, 9-5 Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year: Total assets $560,000 Total noncurrent 308,000 assets Liabilities: Notes payable (8%, 18,000 due in 5 years) Accounts payable 51,000 Income taxes payable 13,000 Liability for 4,000 withholding taxes Rent revenue 7,000 collected in advance Bonds payable (due 115,000 in 15 years) Wages payable 7,000 Property taxes 3,000 payable Note payable (10%, 13,000 due in 6 months) Interest payable 500 Common stock 120,000