Dominique, the CFO for Biossom Inc., asked you to classify the following liabilities for the December $31,2024,$ statement of financial position:

Identify each of the liabilities as current or non$-$current. $($Note that some liabilities may be classified partially as current and partially as non$-$current$)$

Blossom declared a dividend in $2024$ of $$22,500,$ which is payable on January $31,2025.$

During the month of December; Blossom settled warranty claims with customers by issuing in$-$store credit totalling $$13,500.$

On August $1,2024,$ Blossom obtained a $$9,000$ five$-$year loan with annual equal principal repayments of $$1,800$ due on July $31.$ Interest at $10\%$ per year is payable every six months on January $31$ and July $31.$

In December, the company withheld deductions totalling $$5,040$ from its employees, which will be remitted on January $15,2025.$

During $2024,$ customers purchased five$-$year extended warranty plans totalling $$36,000.$ Management expects that claims under these warranties will be equal in each year of the warranty period. The warranty period starts in $2025.$

During the December holiday shopping period, the company sold $$4,500$ in gift cards.

During $2024,$ Blossom obtained a $$4,500$ loan with a three$-$year term from a bank. The loan contains a current ratio requirement, which the company breached on December $31.$ Breaching this requirement can trigger immediate repayment of the loan.

Current

Long$-$term

$2$

$3.$

$

$

$

$

$

$4.2$ $ $$,\frac{8}{6}$

$

$

$5.$ $ $

$6.5$