The following are selected 2017 transactions of Marin Corporation.

Sept. 1		Purchased inventory from Encino Company on account for $61,800. Marin records purchases gross and uses a periodic inventory system.
Oct. 1		Issued a $61,800, 12-month, 8% note to Encino in payment of account.
Oct. 1		Borrowed $61,800 from the Shore Bank by signing a 12-month, zero-interest-bearing $66,160 note.

Date	Account Titles and Explanation	Debit	Credit
September 1October 1
September 1October 1
October 1

Date	Account Titles and Explanation	Debit	Credit
September 1October 1
September 1October 1
October 1

Date	Account Titles and Explanation	Debit	Credit
December 31
	(To record interest on the note)
December 31
	(To record discount on the note)

Compute the total net liability to be reported on the December 31 balance sheet for:

(1)		The interest-bearing note		$
(2)		The zero-interest-bearing note		$