Quiz #5-Chapter 10-Submitted for Marks Question 5 of 5 < > View Policies Current Attempt in Progress Indigo Models has the following account balances at December 31, 2024: Notes payable ($70.000 due after Dec. 31, 2025) $116,000 Unearned revenue 81.000 Mortgage payable ($104,000 due in 2025) 290.000 Salaries payable 37,000 Accounts payable 73.000 -18 E! In addition, Indigo is involved in a lawsuit. Legal counsel feels it is probable Indigo will pay damages of $29.000 in 2025. Indigo recorde contingent liabilities in the account Litigation Liability Prepare the current liabilities section of Indigo's December 31, 2024, balance sheet