Accrued Warranty Payable 5% Notes Payable, due April 30, 2019 Unearned Service Revenue Accounts Payable Employee Income Tax Payable Accounts Receivable Interest Payable 3% Bonds Payable, due December 31, 2023 Accumulated Depreciation Treasury Stock Salaries Payable 6% Notes Payable, due December 31, 2019 Sales Tax Payable FICA Tax Payable $60,000 140,000 49,000 230,000 24,000 281,000 26,500 460,000 84,000 166,000 92,000 230,000 64,000 5,000 Newman Corporation provides multi-year warranties with its products. Half of the Accrued Warranty Liability relates to warranty liabilities that will be paid in 2019, while the other half relates to warranty liabilities to be paid in 2020. The Unearned Service Revenue pertains to a service contract that will be performed during 2019. $118,000 of the 3% bonds payable due December 31, 2023, is due on December 31, 2019. Accounts Payable Accounts Receivable Accrued Warranty Payable Accumulated Depreciation Bonds Payable (Current portion) Current liabilities: Employee Income Tax Payable FICA Tax Payable Interest Payable Notes Payable (Long-term) Notes Payable (Short-term) Salaries Payable Sales Tax Payable Total current liabilities Balance Sheet (partial) December 31, 2018 Amount Account Current liabilities