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Selected liability items for crane corporation at December 31,2024 follow. Accounts payable $35,712 Income tax payable Bonds payable, due 2035 770,040 Notes payable (net of
Selected liability items for crane corporation at December 31,2024 follow.
Accounts payable $35,712 Income tax payable
Bonds payable, due 2035 770,040 Notes payable (net of current portion)
Current portion of notes payable 18,600 Interest payable
Current portion of lease liability 18,600 Total lease liability
Prepare the liabilities section of Cranes's balance sheet
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