content area top Part 1 Succeed Magazine, Inc., includes the following selected accounts in its general ledger at December 31, 2018: Mortgage notes payable (due in 15 years). . . $130,000 Accounts payable. . . . . . . . . . . . . $38,000 Lease payable, long-term. . . . . . . . . . . . . . . . . 22,000 Discount on bonds payable. . . . . 12,000 Bonds payable (due in 10 years). . . . . . . . . . . 450,000 Interest payable (due next year). . . . . . . . . . . 1,100 1. Prepare the liabilities section of Succeed Magazine's balance sheet at December 31, 2018, to show how the company would report these items. Report a total for current liabilities. (Report any accounts that do not have a corresponding contra account before any accounts with a corresponding contra account.)