Following are pertinent facts about events during the current year at Dog Town Snowboards. (Click the icon to view the facts.) Requirement 1. For each item, indicate the account and the related amount to be reported as a current liability on Dog Town Snowboards' December 31 balance sheet. Round calculations to the nearest dollar. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) More info Account Amount a. a. December sales totaled S405,000, and Dog Town collected sales tax of 4 percent. The sales tax will be sent to the state of Oregon early in January, b. Dog Town owes $150,000 on a long-term note payable. At December 31,7 percent interest for the year plus $15,000 of principal are payable within one year. On August 31, Dog Town signed a six-month, 8 percent note payable to purchase a machine costing $78,000. The note requires payment of principal and interest at maturity. d. Sales of $997,000 were covered by the Dog Town product warranty. At January 1, estimated warranty payable was $11,800. During the year, Dog Town recorded warranty expense of $27,000 and paid warranty claims of $30,000. On October 31, Dog Town received cash of $5,232 in advance for the rent on a building. This rent will be earned evenly over six months. e Print Done Account Amount a. Current portion of long-term note payable Estimated warranty payable Interest expense Interest payable Note payable, short-term Sales tax payable Unearned rent revenue Help n Warranty expense more help