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Exercise 10-2 Financial statement presentation-current liabilities L01 CHECK FIGURE: Total current abilities = $390,000 The Creative Electronics Company shows the following selected adjusted account balances

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Exercise 10-2 Financial statement presentation-current liabilities L01 CHECK FIGURE: Total current abilities = $390,000 The Creative Electronics Company shows the following selected adjusted account balances as at Decem- ber 31, 2020: Accounts Payable Salaries Payable Accumulated Depreciation Equipment Estimated Warranty Liability Mortgage Payable Notes Payable, 6 months $112.000 153,000 40,000 35,000 292.000 38,000 Required Prepare the current liability section of Creative's balance sheet. $52.000 in principal is due during 2021 regarding the mortgage payable. For simplicity, order the liabilities from largest to smallest

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