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At December 31, MediShare Precision Instruments owes 551,000 on Accounts Payablo, Salories Payable of $17.000 and Income Tax Payable of $13,000. MediShare also has $230,000

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At December 31, MediShare Precision Instruments owes 551,000 on Accounts Payablo, Salories Payable of $17.000 and Income Tax Payable of $13,000. MediShare also has $230,000 of Bonds Payable that were issued at face value that require payment of a $45,000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $5,000, and MediShare still owes this interest for the current year Report MediShare's abilities on its classified balance sheet on December 31, 2018 MediShare Precision instruments Balance Sheet (Partial December 31, 2018 Liabilities

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