E9-1 Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO9-1, 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 Total noncurrent assets Liabilities: 620,000 360,000 Notes payable (8%, due in 5 years) Accounts payable Income taxes payable Liability for withholding taxes Rent revenue collected in advance Bonds payable (due in 15 years) Wages payable Property taxes payable Note payable (10%, due in 6 months) Interest payable 24,000 55,000 13,000 4,000 12,000 109,000 12,000 8,000 15,000 600 170,000 Common stock Required 1-a. What is the amount of current liabilities? urren liabilities 1-b. Compute working capital Working capital