Current Attempt in Progress

Concord Corporationhas the following account balances at December 31, 2021:

Notes payable ($66,000due after 12/31/22) $110,000

Unearned service revenue77,000

Mortgage Payable ($99,000due in 2022 ) 275,000

Salaries payable 35,000

Accounts payable 69,000

In addition,Concordis involved in a lawsuit. Legal counsel feels it is probableConcordwill pay damages of $28,000in 2022.Concordrecords provisions related to litigations in the account Litigation Liability.

Prepare the current liabilities section ofConcord's December 31, 2021, balance sheet.