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Dominique, the CFO for Trattoria Inc, asked you to classify the following liabilities for the December 31,2020 , statement of financial position: Identify each of

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Dominique, the CFO for Trattoria Inc, asked you to classify the following liabilities for the December 31,2020 , statement of financial position: Identify each of the liabilities as current or non-current. (Note that some liabilities may be dassified partially as current and partially as non-current.) 1. Trattoria declared a dividend in 2020 of $23,000, which is payable on January 31,2021. 2. During the month of December, Trattoria settled warranty claims with customers by issuing in+store credit totalling $13,000. 3. On August 1,2020. Trattoria obtained a $10,800 five-year loan with annual equal principal repayments of $2,160 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 $6,000 from its employees, which will be remitted on January 15, 2021. 5. During 2020 , customers purchased five-year extended warranty plans totalling $43,000. Management expects that claims under these warranties will be equal in each year of the warranty period. 6. During the December holiday shopping period, the company sold $4,900 in gift cards. 7. During 2020 , Trattoria obtained a $5,500 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. In December, the company with held deductions totalling $6,000 from its employees, which will be remitted on January 15, 2021. During 2020, customers purchased five-year extended warranty plans totalling $43,000. Management expects that claims under these warranties will be equal in each year of the warranty period. 6. During the December holiday shopping period, the company sold $4,900 in gift cards. 7. During 2020, Trattoria obtained a $5,500 loan with a three-year term from a bank. The loan contains a current ratio requirement, which the company breached on Decernber 31. Breaching this requirement can trigger immediate repayment of the loan

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