Gar, Inc.s trial balance reflected the following liability account balances at December 31, year 1:

Accounts payable		$19000
Bonds payable due year 2		34000
Deferred income tax liability		4000
Discount on bonds payable		2000
Dividends payable on 2/15/Y2		5000
Income tax payable		9000
Notes payable due 1/19/Y3		6000

The deferred income tax liability is based on temporary differences stemming from different depreciation methods for financial reporting and income taxes. In Gars December 31, year 1 balance sheet, the current liabilities total was

$71,000.

$69,000.

$65,000.

$67,000.