The liabilities of Organic Foods are made up of $61,000 in notes payable as of Its December 31 year-end. For those notes payable, $3,100 is due within the next year. Prepare the liabilities section of Organic Foods's December 31 year-end balance sheet. ORGANIC FOODS Liabilities Section of Balance Sheet Current liabilities Long-term liabilities Total liabilities December 31 $ 61,000 3,100 $ 64,100