Marigold Corp. has the following account balances at December 31, 2021:

Notes payable ($53,000 due after 12/31/22)$88,000

Unearned service revenue62,000

Mortgage Payable ($79,000 due in 2022)220,000

Salaries payable28,000

Accounts payable55,000

In addition, Marigold is involved in a lawsuit. Legal counsel feels it is probable Marigold will pay damages of $22,000 in 2022. Marigold records provisions related to litigations in the account Litigation Liability.

Prepare the current liabilities section of Marigolds December 31, 2021, balance sheet.

Prepare the current liabilities section of Marigold's December 31, 2021, balance sheet. Marigold Corp. (Partial) Balance Sheet December 31, 2021 Current Liabilities Unearned Revenue 62000 20 Mortgage Payable - Cur 141000 Notes Payable 35000 Salaries Payable 28000 Litigation Liability 22000 Total Current Liabilities 341000 SHOW LIST OF ACCOUNTS