Required information [The following information applies to the questions displayed below.] The...
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Required information The following information applies to the questions displayed below. The following transactions apply to Ozark Sales for Year : The business was started when the company received $ from the issue of common stock. Purchased equipment inventory of $ on account. Sold equipment for $ cash not including sales tax Sales tax of percent is collected when the merchandise is sold. The merchandise had a cost of $ Provided a sixmonth warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to percent of sales. Paid the sales tax to the state agency on $ of the sales. On September Year borrowed $ from the local bank. The note had a percent interest rate and matured on March Year Paid $ for warranty repairs during the year. Paid operating expenses of $ for the year. Paid $ of accounts payable. Recorded accrued interest on the note issued in transaction no c What is the total amount of current liabilities at December Year Note: Round your answer to the nearest dollar amount. Total current liabilities 
Required information
The following information applies to the questions displayed below.
The following transactions apply to Ozark Sales for Year :
The business was started when the company received $ from the issue of common stock.
Purchased equipment inventory of $ on account.
Sold equipment for $ cash not including sales tax Sales tax of percent is collected when the merchandise is
sold. The merchandise had a cost of $
Provided a sixmonth warranty on the equipment sold. Based on industry estimates, the warranty claims would amount
to percent of sales.
Paid the sales tax to the state agency on $ of the sales.
On September Year borrowed $ from the local bank. The note had a percent interest rate and matured on
March Year
Paid $ for warranty repairs during the year.
Paid operating expenses of $ for the year.
Paid $ of accounts payable.
Recorded accrued interest on the note issued in transaction no
c What is the total amount of current liabilities at December Year
Note: Round your answer to the nearest dollar amount.
Total current liabilities
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