S15-17 Talon Inc. includes the following selected accounts in its general ledger at December 31, 2020: Notes Payable, Long- S180,000 Accounts Payable $ term 28,000 Bonds Payable 100,000 Discount on Bonds Payable 3,000 Interest Payable (due 500 100,000 Mortgage Payable (payments are $1,000 per month) next year Prepare the liabilities section of Talon Inc.'s balance sheet at December 31, 2020, to show how the company would report these items. 6 Reporting liabilities Total current liabilities, $38,500