ABC Co.'s trial balance included the following at December 31, 20x5:

Accounts payable $ 125,000

Bonds payable, due 20x7 400,000

Discount on bonds payable 45,000

Note payable, due 20x9 200,000

Deferred income tax liability 30,000

The deferred income tax liability is related to depreciating equipment, expected to reverse in 20x8. What amount should be included in the current liability section of ABC's December 31, 20x5, balance sheet?

$510,000

$155,000

$480,000

$125,000