Question 2: (5 Marks) H Company has the following selected accounts after posting adjusting entries: Accounts Payable $ 50,000 Notes Payable, 3-month 70,000 Accumulated Depreciation-Equipment 14,000 Payroll and Benefits Payable 27,000 Notes Payable, 3-year, 8% 30,000 Estimated Warranty Liability 34,000 Payroll Tax Expense 6,000 Interest Payable 3,000 Mortgage Payable 200,000 Sales Tax Payable 17,000 Required: (a) Prepare the current liability section of H Company's balance sheet, assuming $50,000 of the mortgage is payable next year. (List liabilities in magnitude order, with largest first.) (b) Comment on H 's liquidity, assuming total current assets are $500,000