5. Liabilities The adjusted trial balance for Lawrence Corp. at the end of the current year, 2020, contained the following accounts. 5-year Bonds Payable 8% (mature 12/31/24) $3,000,000 Interest Payable 50,000 Discount on Bonds Payable 100,000 Notes Payable (3 months.) 40,000 Notes Payable (5 yr.) 165,000 Mortgage Payable ($15,000 due in 2021) 200,000 Salaries and Wages Payable 18.000 Income Taxes Payable (due 4/15 of 2021) 25,000 Instructions: Prepare the Liabilities section of a balance sheet dated December 31, 2020