Orthopedic Dispensary borrowed $360,000 on January 2,2016, by issuing a 15% serial bond payable that must be paid in three equal annual installments plus interest for the year. The first payment of principal and interest comes due January 2, 2017.

Complete the missing information. Assume bonds are issued at face value. (For accounts with a $0 balance, make sure to enter "0" in the appropriate cell.)

	December 31
	2016	2017	2018

Current Liabilities:

Bonds Payable

Interest Payable

Long-Term Liabilities:

Bonds Payable