The following information pertains to Carson Corp. as of December 31, 2014:

Dividends in arrears on cumulative preferred stock $120,000 2014 dividends on preferred stock, will be declared in January 2015 30,000 2014 dividends on common stock, will be declared in January 2015 20,000 CEO bonus for 2014, will be paid in February 2015 30,000

What amount should Carson report as current liabilities on its balance sheet at December 31, 2014?