dison Company issued an interest-bearing note payable with a foce amount of $25,800 and a shated interett rate of Bis to the Mritopoinan Bark August 1, Year 1. The note carried a one-year term. ed on this information aione, the amount of total liabilities appearing on Madison's Year 1 bolance sheet would be: Multiple Chotce $27,004 $2,6,660 $27,864 $25,800