Swifty Corp.On December 31, 2017, Swifty Corp. has $3,540,000 of short-term notes payable to Indiana Bank & Trust. The notes are due on January 31, 2018. Swifty retired the notes, along with $236,000 in accrued interest, in full on January 31, 2018. On February 11, 2018, Swifty obtained $5,310,000 in long-term financing from Terre Haute Bank & Trust. The new debt bears interest at 5 percent, with interest payments due annually. Swifty will issue its December 31, 2017 financial statements on February 28, 2018.

Prepare partial balance sheets for Windsor, Inc. and Swifty Corp. at December 31, 2017, showing how both companies short-term debt should be presented, including footnote disclosures.