10 8 points The following items appear on the balance sheet of a company with a one-year operating cycle. Identify each item as a current liability, a long-term liability, or not a liability Item Classification 02:02:03 1. Salaries payable 2. Employee Medical Insurance Payable 3. Pension liability (to be paid to employees retiring in 2 to 5 years) 4. Employee Federal Income Taxes Payable 5. Uneamed revenues (to be earned over next 3 months) 6. Prepaid Insurance (6 months of coverage) 7. FICA-Medicare Taxes Payable 8. Bonus payable (to be paid in 60 days) 9. Current portion of long-term debt. 10. Employee Union Dues Payable Current liability Long-term liability Not a liability