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View Policies Current Attempt in Progress Indigo Corporation has the following account balances at December 31, 2021: Notes payable ($70,000 due after 12/31/22) $116,000 Unearned
View Policies Current Attempt in Progress Indigo Corporation has the following account balances at December 31, 2021: Notes payable ($70,000 due after 12/31/22) $116,000 Unearned service revenue 81,000 Mortgage Payable ($104,000 due in 2022) 290,000 Salaries payable 37,000 Accounts payable 73,000 In addition, Indigo is involved in a lawsuit. Legal counsel feels it is probable Indigo will pay damages of $29,000 in 2022. Indigo records provisions related to litigations in the account Litigation Liability. Prepare the current liabilities section of Indigo's December 31, 2021, balance sheet. Indigo Corporation (Partial) Balance Sheet $ $
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