On september 1, 2021, southwest airlines borrows $39.3 million, of which $6.6 million is due next year. show how southwest airlines would record the $39.3 million debt on its december 31, 2021, balance sheet. (enter your answers in dollars, not millions. for example, $5.5 million should be entered as 5,500,000.)

Balance sheet

Current liability:

Current portion of long term debt = $6,600,000

Long term liability:

Notes payable = ($39,300,000 - $6,600,000)

                        = $32,700,000

Therefore,

Total liabilities = Current liabilities + Long term liabilities

                        = $6,600,000 + $32,700,000

                        = $39,300,000