Response to the following problem:
At December 31, 2012, Redmond Company has outstanding three long-term debt issues.
The first is a $2,001,400 note payable which matures June 30, 2015.
The second is a $6,032,100 bond issue which matures September 30, 2016.
The third is a $12,567,000 sinking fund debenture with annual sinking fund payments of $2,513,400 in each of the years 2014 through 2018.
Prepare the required note disclosure for the long-term debt at December 31, 2012.