Gladstone Company Liabilities Include $13,500 of Accounts Payable, $8,000 of Wages

Multiple Choice

Gladstone Company liabilities include $13,500 of accounts payable, $8,000 of wages payable, $6,300 of unearned revenue, $32,000 note payable due in 18 months, $70,000 of 10-year bonds payable, and $41,000 of taxes payable. Gladstone's current liabilities equal:

A) $59,800
B) $68,800
C) $60,800
D) $62,500
E) $100,800