10.7b

Utility Company for the ousands): The foll owing items were taken from the accounting records of Delaware Utility Com PROBLEM 10.7B year ended December 31, 2009 (dollar amounts are in th Reporting Liabilities in a Balance Sheet S 48,000 Accounts payable Accrued expenses payable (other than interest) . . . . . . . , .. . . . . .. . . . . 7200 100.000 150,000 270 300,000 10% Bonds payable, due April 1, 2010 ... 8% Bonds payable, due October 1, 2010 . . . . . . . . . . Unamortized bond discount(8% bonds of 2010) . . . 12% Bonds payable, due April 1, 2022 . . . . . . . . . . . . . . . 2,000 Accrued interest payable Bond interest expense Other interest expense Notes payable (short-term) Lease obligations-capital leases Pension obligation . . 57,000 8,000 75,000 8,000 410,000 60,000 10,000 Unfunded obligations for postretirement benefits other than pensions 42,000 8,000 341,250 Income tax payable