Question
+Trial Balance AccountAmount Cash $62,050 Accounts receivable 149,240 Inventory 195,430 Prepaid insurance 24,560 Equipment 492,380 Accumulated depreciation 83,650 Accounts payable 62,760 Notes payable 108,000 Common
+Trial Balance
AccountAmount
Cash $62,050
Accounts receivable
149,240
Inventory 195,430
Prepaid insurance 24,560
Equipment 492,380
Accumulated depreciation 83,650
Accounts payable 62,760
Notes payable 108,000
Common stock 200,000
Dividends 52,000
Retained earnings 280,280
Sales 3,376,770
Rent revenue (Nonoperating) 19,280
Cost of goods sold 2,389,630
Interest expense (Nonoperating) 15,270
Selling/general/administrative expense 548,490
Research and development expense 164,150
Depreciation expense 37,540
Accounts payable $62,762
Notes payable (current portion) ?
Total Current liabilites ?
Long-term liabilities
Note payable (long-term portion) ?
Total liabilities $170,760
Please help me find the current and long-term portions of the notes payble.
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