Golfshore Marine experienced these events during the current year.

i$)($Click the icon to view the facts.$)$

Requirement

For each item, indicate the account and the related amount to be reported as a current liability on the GolfshoreMarine balance sheet at December $31.($Round your final answers to the

nearest whole dollar.$)$

a$.$ December revenue totaled $$150,000$; and, in addition, Golfshore collected sales tax of $7\%.$ The tax amount will be sent to the state of New Hampshire early in Jand

the related amount to be reported as a current liability on the Golfshore Marine balance sheet at December $31.($Complete all input fields.$)$

More info

a$.$ December revenue totaled $$150,000$; and, in addition, Golfshore collected sales

tax of $7\%.$ The tax amount will be sent to the state of New Hampshire early in

January.

b$.$ On August $31,$ Golfshore signed a six$-$month, $9\%$ note payable to purchase a

boat costing $$88,000.$ The note requires payment of principal and interest at

maturity.

c$.$ On August $31,$ Golfshore received cash of $$3,600$ in advance for service

revenue. This revenue will be earned evenly over six months.

d$.$ Revenues of $$875,000$ were covered by Golfshore's service warranty. At

January $1,$ accrued warranty payable was $$11,500.$ During the year, Golfshore

recorded warranty expense of $$35,000$ and paid warranty claims of $$34,900.$

e$.$ Golfshore owes $$100,000$ on a long$-$term note payable. At December $31,6\%$

interest for the year plus $$40,000$ of this principal are payable within one year.