Preparing the Current Liabilities Section Prepare the current liabilities section of a classified balance sheet given the following account balances on December 31, 2020. $2,400 Accounts payable Dividends payable Bonds payable (matures December 2028) 30,000 Income taxes payable Interest payable Note payable (due June 30, 2021) $36,000 8,400 600 Deferred revenue (long-term) 12,000 3,000 Note: Enter current liabilities in the order of the largest dollar amount to the smallest dollar amount. Current Liabilities Section As of December 31, 2020 = $ Accounts payable Bonds payable Deferred revenue Dividends payable $ Income taxes payable Interest payable Note payable Preparing the Stockholders' Equity Section Prepare the stockholders' equity section of a classified balance sheet given the following account balances on December 31, 2020. Preferred stock, par $10, authorized 150,000 shares $892,500 Cash received above par of preferred stock 87,500 Common stock, no par, 210,000 shares issued (350,000 shares authorized) 700,000 Retained earnings 525,000 Stockholders' Equity Section As of December 31, 2020 Preferred stock, $10 par, 150,000 authorized shares, $ issued shares Common stock, no-par, 350,000 authorized shares, issued shares Paid-in capital in excess of par Retained earnings Total stockholders' equity $