Question 35 4 / 4 pts Vineyard Wines Financial Problems Counts 4 Points Each The next five questions are all based on the following 2021 [fiscal year] end account information for Vineyard Wines, national distributor of lower quality wines and Sangria. The financial data below can be used to develop a set of Financial Statements (Income Statement, Balance Sheet, and Owner's Equity cakulation) for fiscal 2021. HOWEVER, the individual questions can be answered simply by classifying the appropriate accounts and adding (or subtracting) the accounts together. How you approach this problems is up to you. Note that Vineyard Wines has three product lines: Sangria, Chardonnay. and Pinot. Sales returns and small discounts are allowed for all product lines Accounts Payable $257,600 4:14 PM Fun I Financial Accounting (Loans JOE of Comm Guidok MGT 5803 Badness Fundassmais for Aralydos Dividends Payable 527,000 Bonds Payable $338,000 Salaries Payable $62,500 Accounts Receivable $277 400 Advertising Expense $54,000 Cash $193,917 Sangria Sales $542,000 Taxes Payable $208,200 Income Tax Expense $188,000 Supplies Expense $355 Interest Payable Rent Expense $49 ,300 Cost of Goods Sold $1450.700 Prepaid Expenses $37 ,210 Deferred Revenue $7,652 Common Stock $719,000 Notes Payable $125,000 Utilities Expense $950 Accumulated Depreciation $405.920 Depreciation Expense $67,500 Salaries Expense $337 ,280 Land $740,000 Chardonnay Sales $2,751 000 Interest Income $1,700 Discount on Bonds Payable $29,200 Pinot Sales $912,990 Marketable Securities $96,640 Interest Expense $107,100 Product Returns and Discounts $123,200 Treasury Stock $12,750 Equipment $329,300 Marketing Expenses $214,250 Allowance for Doubtful Accounts $53,250 Buildings $1,980.000 4:1 PM Current Portion Mortgages Payable $42,000 Current Portion Bonds Payable $62,100 Dividends Declared $235,000 Mortgage Payable $820,000 Good will $172,000 Ending Retained Famings (2021) $1,356.065 Products Inventory 5622,600 Distribution and Logistics Expense $897,500Question 36 4/4 pts Continuing with Vineyard Wines, what should be the total amount of Current Liabilities shown on the firm's fiscal year end 2021 Balance Sheet? gatech instructure.com/courses/228890/quizzes/315105?module_item_id=2076916 29/3 , 4:34 PM Exam I Financial Accounting (Counts 20% of Course Grade): MGT 8803 Business Fundamentals for Analytics $569,082 $665,530 $673,182 $1,312,200 $710,392