On January 1, 2021, Sunland Company leased a building to Wildhorse Co. for a ten-year term at an annual rental of $177000. At inception of the lease, Sunland received $708000 covering the first two years' rent of $354000 and a security deposit of $354000. This deposit will not be returned to Wildhorse upon expiration of the lease but will be applied to payment of rent for the last two years of the lease. What portion of the $708000 should be shown as a current and long-term liability, respectively, in Sunland's December 31, 2021 balance sheet?