Glover Corporation's Trial Balance for December 31, the End of Its

Multiple Choice

Glover Corporation's trial balance for December 31, the end of its fiscal year, included the following accounts: $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 40,000 \\\hline \text { Dividends Payable } & 22,000 \\\hline \text { Bond Payable, maturing in 9 years } & 36,000 \\\hline \text { Salaries Payable } & 9,000 \\\hline \text { Note Payable, due in 1 year } & 30,000 \\\hline \text { Note payable, due in 5 years } & 60,000 \\\hline\end{array}$$
The amount that should be classified as current liabilities on Glover's December 31 balance sheet is ________.

A) $71,000
B) $79,000
C) $101,000
D) $161,000