Included in Jurassick Company”s liability accounts at December 31, 2014, was the following:
|
12% note payable issued in 2004 for cash and due in May 2015 |
$200,000 |
|
Sales taxes payable |
16,000 |
|
Interest payable |
11,000 |
|
Federal income tax withholdings |
6,000 |
How much of the above should be included in the current liability section of Jurassick”s balance sheet at December 31, 2014?
- $27,000.
- $33,000.
- $227,000.
- $233,000.