Concord Online Company has the following liability accounts after posting adjusting entries: Accounts Payable $73,000, Unearned Ticket Revenue $33,500, Warranty Liability $27,500, Interest Payable $9,900, Mortgage Payable $128,500, Notes Payable $80,000, and Sales Taxes Payable $12,000. Assume the company's operating cycle is less than1year, ticket revenue will be recognized within1year, warranty costs are expected to be incurred within1year, and the notes mature in3years.

(a)

Prepare the current liabilities section of the balance sheet, assuming $36,500of the mortgage is payable next year.