The adjusted trial balance for Otam Corp. at the end of the current year, 2014, contained the following accounts.
| 5-year Bonds Payable 8% |
$1,500,000 |
| Interest Payable |
50,000 |
| Premium on Bonds Payable |
150,000 |
| Notes Payable (3 mo.) |
40,000 |
| Notes Payable (5 yr.) |
145,000 |
| Mortgage Payable ($10,000 due currently) |
300,000 |
| Salaries and Wages Payable |
18,000 |
| Taxes Payable (due 3/15 of 2015) |
25,000 |
The total long-term liabilities reported on the balance sheet are?