2) Neptune Corporation is preparing its December 31, 2021, balance sheet. The following items may be reported as either a current or long-term liability. a) Advances paid to an employee during the year, $5,000. b) A 8% bonds payable of 1,000,000 was issued on December 31, 2021, due on December 31, 2026. c) On November 1, 2021, the company borrowed $500,000 for 5 years at 10% per year. Interest is to be paid half-yearly on May 1 of every year. d) During the year, customer advances of $250,000 were received; $150,000 of this amount was earned by December 31, 2021. e) On December 15, 2021, the company declared a $1.50 per share dividend on the 90,000 shares of common stock outstanding, to be paid on January 25, 2022. f) Treasury stock of $80,000 has been recorded at cost. g) Unpaid Rent $10,000. h) Notes payable of $200,000 is due on 31st October 2022. Instructions For each item above indicate the items and the dollar amounts to be reported as a current liability and as a long-term liability, if any.