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 Total noncurrent assets Liabilities: $530,000 ml Notes payable (8%, due in 5 years) tilmel1NE1mm ccounts payablo Inoome taxes payable Liability for withholding taxes Rent revenue collected in advance Bonds payable (due in 15 years) Wages payable Property taxes payable Note payable (10%, due in 6 months) Interest payable 15,000 56,000 14,000 3,000 7,000 90,000 7,000 3,000 2,000 400 100,000 Common stock Required 1-a. What is the amount of current liabilities? 1-b. Compute working capital. be different if the company reported $250,000 worth of contingent liablities in the notes to its financial statements? Yes O No