Preparing the Long-Term Liabilities Section Prepare the long-term liabilities section of a classified balance sheet given the following normal account balances on December 31. Note: If a line is not required for an account, enter N/A for the account and enter a zero for the amount. Account Bonds payable (due in 6 years) Dec 31 $140,000 Note payable (due November 1, next year) 7,000 Note payable (due December 31, in 5 years) 63,000 Net pension liability (long-term) 42,000 Income taxes payable 29,400 Long-Term Liabilities Section As of December 31 $ W