On January 1, 2021, Sandhill Satellites issued $1,290,000, 10-year bonds. The bonds pay semi-annual interest on July 1 and January 1, and Sandhill has a December 31 year end. A partial bond amortization schedule is presented below:

1. What amounts would be reported as current and non-current in the liabilities section of Sandhills December 31, 2021, balance sheet?

Semi-Annual Interest Period		Interest Payment		Interest Expense		Amortization			Bond Amortized Cost
Jan. 1, 2021									$1,198,330
July 1, 2021		$ 38700		$ 41912		$3,242			1,201,572
Jan. 1, 2022		38,700		42,055		3,355			1,204,927
July 1, 2022		38,700		42,172		3472			1,208,399
Jan. 1, 2023		38,700		42,294		3594			1211993
July 1, 2023		38,700		42,420		3,720			1,215,713
Jan. 1, 2024		38,700		42,550		3,850			1,219,563