Salt Air Marine experienced these events during the current year. (Click the icon to view the facts.) Requirement 1. For each item, indicate the account and the related amount to be reported as a current liability on the Salt Air Marine balance sheet at December 31. Account Amount 6000 Sales tax payable More Info Account Notes payable, short-term b. Amount 94000 1253 a. Interest payable b. Account Amount C. c. Unearned service revenue 1200 December revenue totaled $100,000; and, in addition, Salt Air collected sales tax of 6%. The tax amount will be sent to the state of Alabama early in January On August 31, Salt Air signed a six-month, 4% note payable to purchase a boat costing $94,000. The note requires payment of principal and interest at maturity. On August 31, Salt Air received cash of $3,600 in advance for service revenue. This revenue will be earned evenly over six months. Revenues of $750,000 were covered by Salt Air's service warranty. At January 1, accrued warranty payable was $11,700. During the year, Salt Air recorded warranty expense of $30,000 and paid warranty claims of $34,900. Salt Air owes $100,000 on a long-term note payable. At December 31, 6% interest for the year plus $20,000 of this principal are payable within one year. d. Amount Account Accrued warranty payable d. 6800 e. Account Current portion of long-term note payable Interest payable Amount 20000 6000 Print Done