Diane corporation is preparing its year-end balance sheet. the company records show the following selected amounts at the end of the year:
total assets $ 530,000
total noncurrent assets 362,000
liabilities:
notes payable (8%, due in 5 years) 15,000
accounts payable 56,000
income taxes payable 14,000
liability for withholding taxes 3,000
rent revenue collected in advance 7,000
bonds payable (due in 15 years) 90,000
wages payable 7,000
property taxes payable 3,000
note payable (10%, due in 6 months) 12,000
interest payable 400
common stock 100,000
required:
1-a. what is the amount of current liabilities?