PLEASE SOLVE THIS ANSWER IN WORD DOCUMENT. I FOUND ALOT OF SAME ANSWERS ON CHEG ,BUT ALL ANSWERS ARE DIFFERENT, PLEASE SOLVE IT CORRECTLY. THANKS.....

. Oaktree Industries Inc. has the following selected accounts at December 31, 2020:

• Notes payable, long-term 100,000
• Interest payable (due Mar 1/21) 10,000
• Accounts payable 56,000
• Salary Payable 16,000
• Bonds payable 300,000
• Equipment 120,000
• Current portion of bonds payable 20,000
• Discount on bonds payable (LT) 10,000
• Accounts receivable 34,000

Required: Prepare the liabilities section of Oaktrees balance sheet at December 31, 2020, to show how Oaktree would report these items. Report total current liabilities and total liabilities. You may use Exhibit 1-10 as reference.