REPORTING LONG-TERM DEBT Fridley Manufacturing’s accounting records reveal the following account balances after adjusting entries are made on December 31, 2012:

Accounts payable $ 62,500 Bonds payable (9.4%, due in 2019) 800,000 Capital lease liability* 41,500 Bonds payable (8.7%, due in 2015) 50,000 Deferred tax liability* 133,400 Discount on bonds payable (9.4%, due in 2019) 12,600 Income taxes payable 26,900 Interest payable 38,700 Installment note payable (8% equal installments due 2013 to 2016) 120,000 Notes payable (7.8%, due in 2017) 400,000 Premium on notes payable (7.8%, due in 2017) 6,100 Zero coupon note payable, $50,000 face amount, due in 2018 31,900

* Long-term liability Required:

Prepare the current liabilities and long-term debt portions of Fridley’s balance sheet at December 31, 2012. Provide a separate line item for each issue (i.e., do not combine separate bonds or notes payable), but some items may need to be split into more than one item.