The adjusted trial balance for Otam Corp. at the end of the current year, 2014, contained the following accounts.

5-year Bonds Payable 8%	$1,500,000
Interest Payable	50,000
Premium on Bonds Payable	150,000
Notes Payable (3 mo.)	40,000
Notes Payable (5 yr.)	145,000
Mortgage Payable ($10,000 due currently)	300,000
Salaries and Wages Payable	18,000
Taxes Payable (due 3/15 of 2015)	25,000

The total long-term liabilities reported on the balance sheet are

$1,935,000.

$2,095,000.

$2,085,000.