Refer to the following list of liability balances at December 31, Year 1. Accounts Payable $20,000 Employee Health Insurance Payable 1350 Employee Income Tax Payable 800 Estimated Warranty Payable (Due Year 2) 700 Long-Term Notes Payable (Due Year 4) 38,000 FICA-OASDI Taxes Payable 1060 Sales Tax Payable 770 Mortgage Payable (Due Year 5) 7000 Bonds Payable (Due Year 6) 63,000 Current Portion of Long-Term Notes Payable 3500 What is the total amount of long-term liabilities? $101,000 $45,000 O $38,000 O $108,000