At December 31, 2012, Redmond Company has outstanding three long-term debt issues. The first is a $2,033,000 note payable which matures June 30, 2015. The second is a $6,017,600 bond issue which matures September 30, 2016. The third is a $12,533,000 sinking fund debenture with annual sinking fund payments of $2,506,600 in each of the years 2014 through 2018.
Prepare the required note disclosure for the long-term debt at December 31, 2012.
2013- $0
2014- $2,506,600
2015- $______
2016- $______
2017- $2,506,600
What would 2015, and 2016 be?