The adjusted trial balance for Monolith Corp. at the end of the current year, 2021, contained the following accounts.
5-year Bonds Payable 8% $3,000,000
Interest Payable 50,000
Premium on Bonds Payable 100,000
Notes Payable (3 months.) 40,000
Notes Payable (5 yr.) 165,000
Mortgage Payable ($15,000 due currently) 200,000
Salaries and Wages Payable 18,000
Income Taxes Payable (due 3/15 of 2022) 25,000
The total long-term liabilities reported on the balance sheet are

QUESTION 18 The adjusted trial balance for Monolith Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 8% $3,000,000 Interest Payable 50,000 Premium on Bonds Payable 100,000 Notes Payable (3 months.) 40,000 Notes Payable (5 yr.) 165,000 Mortgage Payable ($15,000 due currently) 200,000 Salaries and Wages Payable 18,000 Income Taxes Payable (due 3/15 of 2022) 25,000 The total long-term liabilities reported on the balance sheet are O $3,365,000. O $3,350,000. O $3,465,000. $3,450,000