The balance sheet at December 31, 2016, for Nevada Harvester Corporation includes the liabilities listed below:

a. 9% bonds with a face amount of $45 million were issued for $45 million on October 31, 2007. The bonds mature on October 31, 2027. Bondholders have the option of calling (demanding payment on) the bonds on October 31, 2017, at a redemption price of $45 million. Market conditions are such that the call is not expected to be exercised.

b. Management intended to refinance $11.1 million of its 8% notes that mature in May 2017. In early March, prior to the actual issuance of the 2016 financial statements, Nevada Harvester negotiated a line of credit with a commercial bank for up to $7.5 million any time during 2017. Any borrowings will mature two years from the date of borrowing.

c. Noncallable 8% bonds with a face amount of $17.4 million were issued for $17.4 million on September 30, 1994. The bonds mature on September 30, 2017. Sufficient cash is expected to be available to retire the bonds at maturity.

d.  A $11 million 7% bank loan is payable on October 31, 2022. The bank has the right to demand payment after any fiscal year-end in which Nevada Harvester’s ratio of current assets to current liabilities falls below a contractual minimum of 1.7 to 1 and remains so for six months. That ratio was 1.45 on December 31, 2016, due primarily to an intentional temporary decline in inventory levels. Normal inventory levels will be re-established during the first quarter of 2017.

Prepare the liability section of a classified balance sheet for Nevada Harvester at December 31, 2016. Accounts payable and accruals are $24 million. (Enter your answers in millions rounded to 1 decimal place, (i.e., 5,500,000 should be entered as 5.5).))