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Current Portion of Long-Term Debt Connie's Bistro, Inc., reported the following information about its long-term debt in the notes to a recent financial statement: Long-term

Current Portion of Long-Term Debt

Connie's Bistro, Inc., reported the following information about its long-term debt in the notes to a recent financial statement:

Long-term debt is comprised of the following:

December 31
Current Year Preceding Year
Total long term-debt $846,900 $465,800
Less current portion (245,600) (228,700)
Long-term debt $601,300 $237,100

a. How much of the long-term debt was disclosed as a current liability on the current years December 31 balance sheet? $_____

b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? $_____ increase or decrease?

c. If Connie's Bistro did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year? $_____

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