21 The adjusted trial balance for Muhammad Corp. at the end of the current year contained the following accounts. 5-year Bonds Payable 4% $2,040,000 24 Bond Interest Payable 63,000 Notes Payable (3 mo.) 55,000 Notes Payable (5 yr.) 226,000 27 Mortgage Payable ($10,000 due currently) 275,000 Salaries and Wages Payable 33,000 58 30 Taxes Payable (due 3/15 of next yr) 29,000 33 The total long-term liabilities reported on the balance sheet are Your Answer: A