At December $31,2024,$ Newman Engineering$$s liabilities include the following:

$$21$ million of $9\%$ bonds were issued for $$21$ million on May $31,2002.$ The bonds mature on May $31,2032,$ but bondholders have the option of calling $($demanding payment on$)$ the bonds on May $31,2025.$ However, the option to call is not expected to be exercised, given prevailing market conditions.

$$25$ million of $8\%$ notes are due on May $31,2025.$ A debt covenant requires Newman to maintain current assets at least equal to $186\%$ of its current liabilities. On December $31,2024,$ Newman is in violation of this covenant. Newman obtained a waiver from National City Bank until June $2025,$ having convinced the bank that the company$$s normal $2$ to $1$ ratio of current assets to current liabilities will be reestablished during the first half of $2025.$

$$18$ million of $11\%$ bonds were issued for $$18$ million on August $1,1995.$ The bonds mature on July $31,2025.$ Sufficient cash is expected to be available to retire the bonds at maturity

At December $31,2024,$ Newman EngIneering's Ilabilities Include the following:

$$21$ million of $9\%$ bonds were issued for $$21$ million on May $31,2002.$ The bonds mature on May $31,2032,$ but

bondholders have the option of calling $($demanding payment on$)$ the bonds on May $31,2025.$ However, the option

to call is not expected to be exercised, given prevalling market conditions.

$$25$ million of $8\%$ notes are due on May $31,2025.$ A debt covenant requires Newman to malntaln current assets at

least equal to $186\%$ of Its current llabilitles. On December $31,2024,$ Newman is in violation of this covenant.

Newman obtalned a walver from National Clty Bank untll June $2025,$ having convinced the bank that the company's

normal $2$ to $1$ ratlo of current assets to current llabilitles will be reestablished during the first half of $2025.$

$$18$ million of $11\%$ bonds were issued for $$18$ million on August $1,1995.$ The bonds mature on July $31,2025.$

Sufficient cash is expected to be avallable to retire the bonds at maturity.

Required:

What portion of each llability is reported as a current Ilability and as a noncurrent llability?

Note: Enter your answers in millions $($l$.$e$.,10,000,000$ should be entered as $10).$