The following transactions apply to Ozark Sales for Year 1: The business was started when the company received $49,000 from the issue of common stock. Purchased merchandise inventory of $176,500 on account. Sold merchandise for $200,000 cash (not including sales tax). Sales tax of 7 percent is collected when the merchandise is sold. The merchandise had a cost of $125,000. Provided a six-month warranty on the merchandise sold. Based on industry estimates, the warranty claims would amount to 4 percent of sales. Paid the sales tax to the state agency on $150,000 of the sales. On September 1, Year 1, borrowed $21,000 from the local bank. The note had a 6 percent interest rate and matured on March 1, Year 2. Paid $5,800 for warranty repairs during the year. Paid operating expenses of $54,500 for the year. Paid $125,000 of accounts payable. Recorded accrued interest on the note issued in transaction number 6. Exercise 9-8A (Algo) Part d d. What is the total amount of current liabilities at December 31, Year 1? (Round your intermediate calculation to the nearest dollar.)