The following are selected 2020 transactions of Metlock Corporation. Sept. 1 Purchased inventory from Encino Company on account for $58,800. Metlock records purchases gross and uses a periodic inventory system. Oct. 1 Issued a $58,800, 12-month, 8% note to Encino in payment of account. Oct. 1 Borrowed $58,800 from the Shore Bank by signing a 12-month, zero-interest-bearing $61,760 note. Compute the total net liability to be reported on the December 31 balance sheet for: (1) The interest-bearing note $enter a dollar amount enter a dollar amount 59976 (2) The zero-interest-bearing note $enter a dollar amount enter a dollar amount?