Common categories of a classified balance sheet include Current Assets, Long$-$Term Investments, Plant Assets, Intangible Assets, Current Liabilities, and Long$-$Term Liabilities. For each of the following items, identify the balance sheet category where the item would best appear.

$\backslash$table$[[$Items$,$Balance Sheet Category$],[1.$ Notes payable $($due in three years$),],[2.$ Prepaid rent $($expires in $3$ weeks$),],[3.$ Wages payable,$],[4.$ Equipment,$],[5.$ Copyrights,$],[6.$ Inventory,$],[7.$ Franchises,$],[8.$ Store equipment,$]]$