Bon Nebo Co. sold 11,500 annual subscriptions of Bjorn for 343 during December 20ys, These new subscribers will receive monthiy ispues, beginning in January 20 y 6 . in addition, the business had taxable income of $312,000 during the first calendar cuarter of 20 y6. The federal tax rate is 35 sh. A quarterly tax payment will be made on Prepare the "Current labilities" section of the balance theet for Bon Nebo Co, on March 31, 20Y6