Question: Sage Hill Enterprises has three notes payable outstanding on December 3 1 , 2 0 2 4 , as follows: 1 . A six -

Sage Hill Enterprises has three notes payable outstanding on December 31,2024, as follows:1. A six-year, 6%, $63,000 note payable issued on March 31,2024. Sage Hill Enterprises is required to pay $12,600 plus interest on March 31 each year starting in 2025.2. A seven-month, 5%, $34,800 note payable issued on July 1,2024. Interest and principal are payable at maturity.3. A 30-month, 6%, $150,000 note payable issued on September 1,2024. Sage Hill Enterprises is required to pay $5,000 plus interest on the first day of each month starting on October 1,2024. All payments are up to date.(a)Calculate the current portion of each note payable.Current PortionNote 1$Note 2$Note 3$

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