Refer to the Following List of Liability Balances at December

question 113

Multiple Choice

Refer to the following list of liability balances at December 31, 2015. $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 13,000 \\\hline \text { Employee Health Insurance Payable } & 450 \\\hline \text { Employee Income Tax Payable } & 400 \\\hline \text { Estimated Warranty Payable } & 600 \\\hline \text { Long-Term Notes Payable(Due 2019) } & 33,000 \\\hline \text { FICA-OASDI Taxes Payable } & 560 \\\hline \text { Sales Tax Payable } & 370 \\\hline \text { Mortgage Payable(Due 2020) } & 6,000 \\\hline \text { Bonds Payable(Due 2021) } & 53,000 \\\hline \text { Current Portion of Long-Term Notes Payable } & 3,500 \\\hline\end{array}$$ What is the total amount of current liabilities?

• A) $18,880
• B) $15,380
• C) $14,980
• D) $14,380

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