2) Honds payable bulance is $200,000 at December 31 of this year, Annusl 5 W interest cn the bond is paid on january 1 of Beat yex. 3) Eond sinking fund batance is $40,000, thes fund is bering accumutated to retire bonds at maturity. 4) Rent paid in advance for the first quarter of nent year on a short-term iease is $6,000. 5) Accounts payable of $14,000 is due to suppliers in credin periods ranging from 30 to 60 doss. - Note: flound your answer to the nearesut whele dollar - Note: Round your answer to the nearest whole dollar. 7) Year-end bonuses, based upon current year reported net income, are estimated to be $30,000 and are payable March 15 of next ye