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

Multiple Choice

Anderson Corporation's trial balance for December 31,the end of its fiscal year,included the following accounts: The bond payable is a serial bond with equal amounts of principal maturing each year.The note payable due in 5 years has equal principal payments due each year.
The amount that should be classified as current liabilities on Anderson's December 31 balance sheet is ________.

A) $92,000
B) $111,000
C) $117,000
D) $162,000