At December 31, MediStatPrecision Instruments owes $58,000 on Accounts Payable, Salaries Payable of $16,000, and Income Tax Payable of $14,000. MediStat also has $220,000 of Bonds Payable that were issued at face value that require payment of a $50,000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $8,000, and MediStat still owes this interest for the current year. Report MediStat's liabilities on its classified balance sheet.

MediStat Precision Instruments
Balance Sheet (Partial)
December 31
	Liabilities