Exercise 10-25 whispering winds Corp. issued a $56,000, 12%, 10-year installment note payable on January 1, 2017. 2018 Payments of S9,911 are made each January 1, beginning January 1, (a) What amounts should be reported under current liabilities related to the note on December 31, 20177 (b) What should be reported under long-term liabilities? to 0 decimal places, e.g. 5,275.)