Indicate whether each of the following assets and liabilities typically should be classified as current or long-term: (a) Accounts receivable within the next 60 days (b) Prepaid rent for the next six months (c) Notes receivable due in two years (d) Notes payable due in 90 days (e) Notes payable due in five years (f) Patent with a 12-year remaining legal life

Indicate whether each of the following assets and liablities typically should be classified as current or long-term