Following are six pertinent facts about events during the current year at Misaka Tool Company.

a. On August 31, Misaka signed a six-month, 7-percent note payable to purchase a machine costing \(\$ 31,000\). The note requires payment of principal and interest at maturity.

b. On October 31, Misaka received rent of \(\$ 2,400\) in advance for a lease on a building. This rent will be earned evenly over four months.

c. On November 30, Misaka discounted a \(\$ 10,000\) note payable to InterBank Savings. The interest rate on the one-year note is 8 percent.

d. December sales totaled \(\$ 104,000\) and Misaka collected sales tax of 9 percent. This amount will be sent to the state of Washington early in January.

e. Misaka owes \(\$ 75,000\) on a long-term note payable. At December 31, 6-percent interest for the year plus \(\$ 25,000\) of this principal are payable within one year.

f. Sales of \(\$ 909,000\) were covered by Misaka's product warranty. At January 1 estimated warranty payable was \(\$ 11,300\). During the year Misaka recorded warranty expense of \(\$ 27,900\) and paid warranty claims of \(\$ 30,100\).

\section*{Required}

For each item, indicate the amount and the related amount to be reported as a current liability on Misaka's December 31 balance sheet.