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The following accounts were taken from Nelson Company's unadjusted trial balance at December 31, 2025: t January 1, 2025 Nelson Company has not yet recorded adjusting entries related to the following two items: (1) The unearned revenue relates to a $29,000 payment from a customer received on October 1, 2025 for services to be performed each month for the next eight months. (2) The note payable was a bank loan taken out on May 1,2025 . It is a 9 -month, 4% loan. Calculate the total liabilities reported in Nelson Company's December 31, 2025 balance sheet after the appropriate adjusting entries have been recorded and posted. The following accounts were taken from Nelson Company's unadjusted trial balance at December 31, 2025: t January 1, 2025 Nelson Company has not yet recorded adjusting entries related to the following two items: (1) The unearned revenue relates to a $29,000 payment from a customer received on October 1, 2025 for services to be performed each month for the next eight months. (2) The note payable was a bank loan taken out on May 1,2025 . It is a 9 -month, 4% loan. Calculate the total liabilities reported in Nelson Company's December 31, 2025 balance sheet after the appropriate adjusting entries have been recorded and posted