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Winter-Is-Here Corp. is a retail store selling high quality down jackets, comforters, etc. Based on the following liability accounts and balances, how much should Winter-Is-Here

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Winter-Is-Here Corp. is a retail store selling high quality down jackets, comforters, etc. Based on the following liability accounts and balances, how much should Winter-Is-Here Corp. report as current liabilities on its December 31, 2021 classified balance sheet? Accounts Payable Bonds Payable (due in 2030) Income Taxes Payable Notes Payable ($20,000 due in 2022) O $62,000 $ 7,000 90,000 5,000 50,000 O $152,000 O $32,000 $12,000

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