Grand Industries Inc. has the following selected accounts at December 31, 2020 i (Click the icon to view the accounts.) Prepare the liabilities section of Grand's balance sheet at December 31, 2020, to show how Grand would report - X Accounts Begin by calculating the total current liabilities section. Then report the rest of the liabilities that are included and Liabilities $ 14,000 Current liabilities: 400,000 120,000 44,000 GST payable (net of ITC) Bonds payable Equipment Currhat portion of bonds payable Notes payable, long-term Interest payable (due March 1, 2021). Accounts payable Discount on bonds payable (all long-term) 250,000 9,900 Total current liabilities 38,000 17,000 Long-term liabilities: Accounts receivable 30.000 Less: Print Done Total liabilities