Grand, Inc., includes the following selected accounts in its general ledger at December 31, 2021: (Click...

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Grand, Inc., includes the following selected accounts in its general ledger at December 31, 2021: (Click the icon to view the accounts.) Prepare the liabilities section of Grand's, balance sheet at December 31, 2021, to show how the company would report these items. Report total current liabilities and total long-term liabilities. (If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Liabilities Data table Bonds payable (excluding current portion) $ 500,000 Equipment 115,000 Current portion of bonds payable 53,000 Notes payable, long-term 250,000 Interest payable (due March 1, 2022) 1,100 Accounts payable 32,000 Discount on bonds payable (all long-term) 15,000 Accounts receivable 35,000 Grand, Inc., includes the following selected accounts in its general ledger at December 31, 2021: (Click the icon to view the accounts.) Prepare the liabilities section of Grand's, balance sheet at December 31, 2021, to show how the company would report these items. Report total current liabilities and total long-term liabilities. (If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Liabilities Data table Bonds payable (excluding current portion) $ 500,000 Equipment 115,000 Current portion of bonds payable 53,000 Notes payable, long-term 250,000 Interest payable (due March 1, 2022) 1,100 Accounts payable 32,000 Discount on bonds payable (all long-term) 15,000 Accounts receivable 35,000