Exercise 10-15

Teal Mountain Inc. reports the following liabilities (in thousands) on its January 31, 2017, balance sheet and notes to the financial statements.

Accounts payable$4,580.0

Mortgage payable$7,459.0

Accrued pension liability1,443.0

Operating leases2,504.0

Unearned rent revenue1,756.0

Notes payable (due in 2020)388.0

Bonds payable2,128.0

Salaries and wages payable609.0

Current portion of mortgage payable2,313.0

Notes payable (due in 2018)3,237.0

Income taxes payable250.0

Unused operating line of credit3,521.0

Warranty liabilitycurrent1,912.0

Prepare the liabilities section of Teal Mountain's balance sheet as at January 31, 2017.