Bon Nebo Co. vold 16,000 annual subscngtions of Ejorn for 558 during December 20r5. These new subscnbers will recerve monthly issues, beginning in January 20Y6. In addition, the business had taxabie income of $584,000 during the firs calendar evarter of 20v6. The fedenl tax cate is 40%. A quarterly tax payment will be made on April 12, 20Y6. Prepare the "Qurrent liatilines" section of the balance sheet for Bon Nebo Co, on March 31, 2076. tusiness issued a 120 doy, 5% note for $100,000 to w creditor on account. Joumalie the entries to record (a) the issuance of the note and (b) the payment of the note at maturity. nduding interest. Assume a 360 days in a yeac. If an amount bex does not require an entry, lewe blank If required, roand yours answers to whole dollar