The adjusted trial balance for Waterway Industries at the end of the current year, 2021, contained the following accounts.   5-year Bonds Payable 9%   $3000000   Interest Payable   48000   Premium on Bonds Payable   98000   Notes Payable (3 months.)   38000   Notes Payable (5 yr.)   166000   Mortgage Payable ($13000 due currently)   200000   Salaries and wages Payable   16000   Income Taxes Payable (due 3/15 of 2022)   23000 The total long-term liabilities reported on the balance sheet are $3366000. $3464000. $3353000. $3451000.

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A: = Bond Issue Price × Rate for market yield= $1,250,000 × 5100=$62,500 =