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The adjusted trial balance for Oran Corp. at the end of the current year, 2020, contained the following accounts. 8-year Bonds Payable 9% $1,350,000 Interest

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The adjusted trial balance for Oran Corp. at the end of the current year, 2020, contained the following accounts. 8-year Bonds Payable 9% $1,350,000 Interest Payable 50,000 Premium on Bonds Payable 165.000 Notes Payable (6 mo.) 40,000 Notes Payable (8 yra 156,000 Mortgage Payable (512.000 due currently 280,000 Salaries and Wages Payable 18,000 Taxes Payable (due 11/15/21) 25,000 The total long-term liabilities reported on the balance sheet are O a. None of the choices are correct O b. 51,939,000 OC $2,084,000 O d. 52,059,000

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