Current Liabilities

By the Month Inc. sold $17,000$ annual magazine subscriptions for $$48$ during December $20$Y$4.$ These new subscribers will receive monthly issues, beginning in January $20$y$5.$ By the

Month Inc. issued a $$154,800,180-$day, $5\%$ note payable on December $1,20$Y$4.$ On March $31,20Y5,$ By the Month Inc. had accounts payable of $$21,800$ and accrued wages

payable of $$6,100.$

Prepare the Current Liabilities section of the balance sheet for By the Month Inc. on March $31,20$Y$5.$ Do not round intermediate calculations and round your final answers

to the nearest dollar. $($Assume $360$ days in a year.$)$

By the Month Inc.

Current Liabilities Section of the Balance Sheet

March $31,20$Y$5$