Exercise 10-14 Reporting liabilities section of balance sheet LO P2, C1 Selected accounts from WooHoo Co.'s adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds payable (due in 10 years) Machinery $ 3,000 500 10,000 4,500 Discount on bonds payable Wages payable Interest payable (due in 2 weeks) Sales tax payable $ 400 200 100 50 Prepare the liabilities section of its classified balance sheet. (Negative amount(s) should be indicated by a minus sign.) WOOHOO CO Liabilities Section of Balance Sheet December 31 Liabilities Current liabilities Total current liabilities Long-term liabilities Total long-term liabilities Total liabilities