Current Liabilities Bon Nebo Co. sold 19,000 annual subscriptions of Bjorn for $60 during December 2015. These new subscribers will receive monthly issues, beginning in January 2076. In addition, the business had taxable income of $720,000 during the first calendar quarter of 2076. The federal tax rate is 38%. A quarterly tax payment will be made on April 12, 2016. Prepare the "Current labilities section of the balance sheet for Bon Nebo Co. on March 31, 2076. Bon Nebo Co. Current Liabilities Section of Balance Sheet March 31, 2016 Current liabilities: Advances on magazine subscriptions NS5,000 Federal income taxes payable 273.000 Total currenties 581,400 x Pay attention to the dutas given in the exercise