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A company has the following liabilities as of December 3 1 : Line Item DescriptionAmountAccounts payable$ 1 5 0 , 0 0 0 Notes payable

A company has the following liabilities as of December 31:
Line Item DescriptionAmountAccounts payable$150,000Notes payable (current portion)217,000Salaries and wages payable55,000Installment notes payable1,140,000Interest payable32,000Payroll taxes payable15,500
What is the amount of total current liabilities reported on the balance sheet?
a. $319,500
b. $469,500
c. $1,609,500
d. $437,500

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