Dominique, the CFO for Sandhill 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.) 1. Sandhill declared a dividend in 2024 of $25,200, which is payable on January 31,2025. 2. During the month of December, Sandhill settled warranty claims with customers by issuing in-store credit totalling $15,120. 3. On August 1,2024, Sandhill obtained a $10,080 five-year loan with annual equal principal repayments of $2,016 due on July 31. Interest at 10% per year is payable every six months on January 31 and July 31 . 4. In December, the company withheld deductions totalling $5,640 from its employees, which will be remitted on January 15 . 2025. 5. During 2024, customers purchased five-year extended warranty plans totalling $40,320. Management expects that claims under these warranties will be equal in each year of the warranty period. The warranty period starts in 2025. 6. During the December holiday shopping period, the company sold $5.040 in gift cards. 7. During 2024, Sandhill obtained a $5,040 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. 1. 2. 3. 4. 5. 6. 7