Prepare the current liability section of Howell Company's balance sheet, assuming $25,000 of the mortgage is payable next year.

Howell Company has the following selected accounts after posting adjusting entries: Accounts Payable $55,000 Notes Payable, 3-month 70,000 Accumulated Depreciation Equipment 14,000 FICA Taxes Payable 27,000 Notes Payable, 5-year, 8% 30,000 Warranty Liability 34,000 Payroll Taxes Expense 6,000 Interest Payable 3,000 Mortgage Payable 200,000 Sales Taxes Payable 16,000