McKinley Electronics completed these selected transactions during June 2018 (Click the icon to view the transactions Requirement 1. Report these terms on McKinley Electronics" balance sheet at June 30, 2018 Select the balance sheet accounts, then calculate each accounts' balance and the total current liabiltles amount at June 30, 2018. (For the FICA tax, be sure to include both the employer and employee share of the tax. Round all amounts to the nearest wholodolat if a box is not used in the table leave the box empty, do not select a label or enter a zero.) McKinley Electronics Balance Sheet (partial June 30, 2018 Transactions Account Amount Current abates a Sales of $2,150,000 are subject to an accrued warranty cost of 5%. The accrued warranty payable at the beginning of the year was $36.000, and warranty payments for the year totaled $62,000 b. On June 1. McKinley Electronics signed a $35,000 note payable that requires annual payments of $7,000 plus 5% interest on the unpaid balance beginning Aune 1, 2019 c. Panorama, Inc., a chain of discount stores, ordered $100.000 worth of wireless speakers and related products. With its order. Panorama, Inosent a check for $100,000 in advance, and Mckinley shipped $95.000 of the goods McKinley wil ship the remainder of the goods on July 3, 2018 d. McKinley's June payroll of $200,000 is subject to employee withhold income tax of $31.000 and FICA tax of 7.65% On June 30, Mckinley pays employees their take-home pay and accrues all tax amounts. Long-term liabilities Print Done