Question: 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

 E9-1 (Algo) Identifying Current Liabilities, Computing Working Capital, and Explaining Working

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. bed COOR $600,000 300,000 Total assets Total noncurrent assets Liabilities: Notes payable (3%, due in 5 years) Accounts payable Income taxes payable Liability for withholding takes Rent revenue collected in advance Bonds payable (due in 15 years) Wares payable Property taxes payable Note payable (10%, due in 6 months) Interest payable Comeon stock 18,000 51,000 13,00 4,000 11,000 107.000 11,000 7.000 16,000 400 150,000 Required: 1-o. What is the amount of current liabilities

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