Baines Corp. purchased 1,000 common shares in each of three companies:
a. Investment in Cullen Corp. to be sold within the next 9 to 12 months.
b. Investment in Gerson Canada Ltd. to be sold within the next 90 days.
c. Investment in Arnold Ltd. to be sold within the next two years.
Classify each investment as a current asset or a long-term asset. None of these investments is subject to significant influence.