Steiner Sales Company Has the Following Selected Accounts After Posting

Essay

Steiner Sales Company has the following selected accounts after posting adjusting entries:
$$\begin{array} { l r } \text { Accounts Payable } & \$ 65,000 \\\text { Notes Payable, 3-month } & 50,000 \\\text { Accumulated Depreciation-Equipment } & 14,000 \\\text { Notes Payable, 5-year, 6\% } & 80,000 \\\text { Payroll Tax Expense } & 4,000 \\\text { Interest Payable } & 3,000 \\\text { Mortgage Payable } & 120,000 \\\text { Sales Taxes Payable } & 38,000\end{array}$$

Instructions
Prepare the current liability section of Steiner Sales Company's balance sheet, assuming $15,000 of the mortgage is payable next year.