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The following transaictions apply to Ozark Sales for Year $1$:

The business was started when the company received $$50,000$ from the issue of common stock.

Purchased equipment inventory of $$380,000$ on account.

Sold equipment for $$510,000$ cash $($not including sales tax$).$ Sales tax of $8$ percent is collected when the merchandise is sold. The merchandise had a cost of $$330,000.$

Provided a six$-$month warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to $2$ percent of sales.

Paid the sales tax to the state agency on $$400,000$ of the sales.

On September $1,$ Year $1,$ borrowed $$50,000$ from the local bank. The note had a $4$ percent interest rate and matured on March $1,$ Year $2.$

Paid $$6,200$ for warranty repairs during the year.

Paid operating expenses of $$78,000$ for the year.

Paid $$250,000$ of accounts payable.

Recorded accrued interest on the note issued in transaction no$.6.$

What is the total amount of current liabilities at december $31$ year $1?$