Assume Suter Electronics completed these selected transactions during December 2019: (Click the icon to view the transactions.) Required Report these liabilities on Suter Electronics' balance sheet at December 31, 2019. Report each item on Suter Electronics' balance sheet at December 31, 2019. First select the current and long-term liability accounts. Then enter the corresponding balances and find the total current liabilities. (Use 365 days for interest calculations. Round all amounts to the nearest whole dollar.) Suter Electronics Balance Sheet (partial) Transactions December 31, 2019 Current liabilities (partial): 1. 2 1. Music For You Inc., a chain of music stores, ordered $110,000 worth of CD players. With its order, Music For You Inc. sent a cheque for $110,000. Suter Electronics will ship the goods on January 3, 2020. 2. The December payroll of $760,000 is subject to employee withheld income tax of 17 percent, CPP expenses of 4.95 percent for the employee and 4.95 percent for the employer, El deductions of 1.66 percent for the employee and 1.4 times the employee rate of 1.66 percent for the employer. On December 31, Suter Electronics pays employees but accrues all tax amounts. Employees have not reached CPP or El maximums. 3. Sales of $29,500,000 are subject to estimated warranty cost of 1 percent. This was the first year the company provided a warranty, and no warranty claims have been recorded or paid. 4. On December 2, Suter Electronics signed a $80,000 note payable that requires annual payments of $16,000 plus 5 percent interest on the unpaid balance each December 2. Suter calculates interest on this note based on days, not months 3. 4. Total current liabilities Long-term liabilities (partial): Print Done