The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable 8% $3,000,000Interest Payable 50,000Premium on Bonds Payable 100,000Notes Payable (3 months.) 40,000Notes Payable (5 yr.) 165,000Mortgage Payable ($15,000 due currently) 200,000Salaries and Wages Payable 18,000Income Taxes Payable (due 3/15 of 2019) 25,000The total long-term liabilities reported on the balance sheet area. $3,365,000. b. $3,350,000. c. $3,465,000. d. $3,450,000.
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