Part 1:Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $705,000 from Commerce Bank after signing a 12-month, 7 percent, promissory note. June 6 Purchased merchandise on account at a cost of $82,000. (Assume a perpetual inventory system.) July 15 Paid for the June 6 purchase. Aug. 31 Signed a contract to provide security service to a small apartment complex and collected six months fees in advance amounting to $28,200. (Use an account called Unearned Revenue.) Dec. 31 Determined salary and wages of $47,000 were earned but not yet paid as of December 31 (ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to security service. Part 2:Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. (Do not round intermediate calculations.)