Cone Corporation is in the process of preparing its December 31, 2024, balance sheet. There are some questions as to the proper classification of the following items:

1. $52,000 in cash restricted in a savings account to pay debt. The debt matures in 2028.
2. Prepaid rent of $26,000, covering the period January 1, 2025, through December 31, 2026.
3. Notes payable of $204,000. The notes are payable in annual installments of $22,000 each, with the first installment payable on March 1, 2025.
4. Accrued interest payable of $14,000 related to the notes payable is due June 30, 2025.
5. Investment in equity securities of other corporations, $84,000. Cone intends to sell one-half of the securities in 2025.

Need help on the 1st one. It is not cash restricted at $52,000

\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ CONE CORPORATION } \\ \hline \multicolumn{3}{|l|}{ Balance Sheet (Partial) } \\ \hline \multicolumn{3}{|l|}{ At December 31, 2024} \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Investment in equity securities & $ & 42,000 \\ \hline Prepaid rent & & 13,000 \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Long-term investments: } \\ \hline & & \\ \hline Investment in equity securities & & 42,000 \\ \hline \multicolumn{3}{|l|}{ Other assets: } \\ \hline Prepaid rent & & 13,000 \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|c|}{ Liabilities and Shareholders' Equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities: } \\ \hline & & \\ \hline Notes payable (current maturities of long-term debt) & & 22,000 \\ \hline Interest payable & & 14,000 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Notes payable (long-term) & & 182,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ CONE CORPORATION } \\ \hline \multicolumn{3}{|l|}{ Balance Sheet (Partial) } \\ \hline \multicolumn{3}{|l|}{ At December 31, 2024} \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Investment in equity securities & $ & 42,000 \\ \hline Prepaid rent & & 13,000 \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Long-term investments: } \\ \hline & & \\ \hline Investment in equity securities & & 42,000 \\ \hline \multicolumn{3}{|l|}{ Other assets: } \\ \hline Prepaid rent & & 13,000 \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|c|}{ Liabilities and Shareholders' Equity } \\ \hline \multicolumn{3}{|l|}{ Current liabilities: } \\ \hline & & \\ \hline Notes payable (current maturities of long-term debt) & & 22,000 \\ \hline Interest payable & & 14,000 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Notes payable (long-term) & & 182,000 \\ \hline \end{tabular}