Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year: Total assets $ 570,000 Total noncurrent assets 314,000 Liabilities: Notes payable (8%, due in 5 years) 18,000 Accounts payable 50,000 Income taxes payable 13,000 Liability for withholding taxes 2,000 Rent revenue collected in advance 10,000 Bonds payable (due in 15 years) 103,000 Wages payable 10,000 Property taxes payable 6,000 Note payable (10%, due in 6 months) 15,000 Interest payable 400 Common stock 240,000

Required:

1-a. What is the amount of current liabilities?

Current liabilities?

1-b. Compute working capital.

- working capital?