Michelle & Alexus, Inc. had the following items on their 12/31/07 balance sheet:
Cash $ 32,203
Accounting payable 14,055
Deferred income taxes 9.849
Retained earnings 102,403
Accrued expenses 20.981
Prepaid expenses 3,478
Revolving line of credit, long-term 7,288
Short-term debt 12,275
Current maturities of long-term debt 3,301
Arbitration award 9.075
Long-term debt, net of current portion 49,900
Other long-term obligations 5,218
Prepare the liabilities section of Michelle & Alexus, Inc. as of 12/31/07.