The adjusted trial balance for Carla Vista Corporation at the end of 2020 contained the following accounts:

The adjusted trial balance for Carla Vista Corporation at the end of 2020 contained the following accounts: Bonds payable, 10% $770,000 Interest payable 25,000 Discount on bonds payable 47,500 Lease liability 58,500 Mortgage notes payable, 9%, due 2022 95,000 Accounts payable 120,000 (a) Prepare the long-term liabilities section of the balance sheet. Carla Vista Corporation Balance Sheet (Partial) $ : $