Current Attempt in Progress Norma Smith is the controller of Martinez Corporation and is responsible for the preparation of the year-end financial statements. The following transactions occurred during the year. For each of the following transactions, indicate the dollar amount to be reported as a current liability as of December 31, 2025. (a) Bonuses to key employees based on net income for 2025 are estimated to be $189,000. (b) On December 1, 2025, the company (c) (d) borrowed $888,000 at 8% per year. Interest is paid quarterly. Accounts receivable at December 31, 2025, is $10,220,700. An aging analysis indicates that Martinez's expense provision for doubtful accounts is estimated to be 3% of the receivables balance. On December 15, 2025, the company declared a $3 per share dividend on the 40,180 shares of common stock outstanding, to be paid on January 5, 2026. (e) During the year, customer advances of $171,200 were received; $59,800 of this amount was earned by December 31, 2025. +A $ EA $ Reported as 111 11