Your answer is partially correct. Try again. At December 31, 2017, Teal Mountain Incorporated has a bond payable with a carrying value of $1,980,000 (based on amortized cost) due September 1, 2018 and a current value of $1,871,100. The interest payable as at December 31, 2017 is $82,500 Show haw the above accounts should be presented on the December 31, 2017 statement of financial pasition, and with the proper dassifications. The company uses amortized cost. Teal Mountain Incorporated Statement of Financial Position (Partial) For the Year Ended December 31, 2017 Current Liabilities Notes Payable 109900 Interest Payable 82500