The Adjusted Trial Balance for Otam Corp The Total Long-Term Liabilities Reported on the Balance Sheet Are

Multiple Choice

The adjusted trial balance for Otam Corp. at the end of the current year 2017 contained the following accounts. $\begin{array}{lr}5 \text {-year Bonds Payable } 8 \% & \$ 1,500,000 \\\text { Interest Payable } & 50,000 \\\text { Premium on Bonds Payable } & 150,000 \\\text { Notes Payable (3 mo.) } & 40,000 \\\text { Notes Payable }(5 \mathrm{yr}) & 145,000 \\\text { Mortgage Payable }(\$ 10,000 \text { due currently) } & 300,000 \\\text { Salaries and Wages Payable } & 18,000 \\\text { Taxes Pavable (due } 3 / 15 \text { of } 2018) & 25,000\end{array}$ The total long-term liabilities reported on the balance sheet are

A) $1945000.
B) $1935000.
C) $2095000.
D) $2085000.