Regal, Inc., includes the following selected accounts in its general ledger at December 31, 2012:
Bonds payable................................................................................................................ $375,000
Equipment...................................................................................................................... 117,000
Current portion of bonds payable .................................................................................. 56,000
Notes payable, long-term .............................................................................................. 125,000
Interest payable (due March 1, 2013)............................................................................. 1,700
Accounts payable ........................................................................................................... 33,000
Discount on bonds payable (all long-term)..................................................................... 11,250
Accounts receivable....................................................................................................... 31,000

Prepare the liabilities section of Regal, Inc.’s balance sheet at December 31, 2012, to show how the company would report these items. Report total current liabilities and total liabilities.