WD-40 Company, the manufacturer and marketer of WD-40® lubricant, reported the following information about its long-term debt in the notes to a recent financial statement:

a. How much of the notes payable was disclosed as a current liability on the August 31, 2005, balance sheet?
b. How much did the total current liabilities change between 2004 and 2005 as a result of the current portion of long-term debt?
c. If WD-40 did not issue additional notes payable during 2006, what would be the total notes payable on August 31,2006?

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Long-term debt is comprised of the following: August 31, 2005 2004 Notes payable Less current portion $75,000,000 (10,714,000) $64,286,000 $85,000,000 (10,000,000) Long-term debt