Kingery Sales Company Has the Following Selected Accounts After Posting

Kingery Sales Company has the following selected accounts after posting adjusting entries: $$\begin{array} { l r } \text { Accounts Payable } & 45,000 \\\text { Notes Payable, 3-month } & 50,000 \\\text { Accumulated Depreciation-Equipment } & 14,000 \\\text { Notes Payable, 5-year, 6\% } & 100,000 \\\text { Salaries and Wages Expense } & 4,000 \\\text { Interest Payable } & 3,000 \\\text { Mortgage Payable } & 120,000 \\\text { Sales Taxes Payable } & 38,000\end{array}$$ Instructions
Prepare the current liability section of Kingery Sales Company's statement of financial position, assuming ₤25,000 of the mortgage is payable next year.