. Steiner Sales Company has the following selected accounts after posting adjusting entries:
Accounts Payable $ 65,000
Notes Payable, 3-month 50,000
Accumulated Depreciation—Equipment 14,000
Notes Payable, 5-year, 6% 80,000
Payroll Tax Expense 4,000
Interest Payable 3,000
Mortgage Payable 120,000
Sales Taxes Payable 38,000
Prepare the current liability section of Steiner Sales Company's balance sheet, assuming $15,000 of the
mortgage is payable next year