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175–words—responseACC/291 University of PhoenixDiscuss—-how to prepare the liabilities section of O’Brian’s Balance Sheet with the following informationO’Brian’s balance sheet using the following information:Accounts payable $157,000Notes payable (due May 1, 2018) $20,000Bonds payable (due 2021) $900,000Unearned rent revenue 0,000Discount on bonds payable $41,000FICA taxes payable ,800Interest payable $40,000Notes payable (due 2019) $80,000Income taxes payable ,500