Libmiss Buckeye Development Company engaged in the following transactions during the current year. Click the icon to view the transactions) Requirement stion Identity and classify the noncash assets and liabilities resulting from the current year transactions. Assume that you cacation is mudess of the end of the current year. If an input field is not used in the table leave the input field omply do not select a tabel or enter) estion estion Account Name Classification Amount b te (Aca2 d d. e Clear all Check answer Calculator Help me solve this Get more help oncas t used Transactions Nam a. Borrowed $300,000 from Savannah Community Bank at the beginning of the year. The terms of the note call for annual payments of $37,500. The first annual payment has not been paid as of the end of the current year. (Ignore any interest payable.) b. Made sales for the current year amounting to $3,300,000 with 20% collected during the current year. c. Acquired inventory costing $340,000 on account. d. Incurred taxes due on the current year's income of $73,000. e. Paid $57,000 for a three-year insurance policy in advance on January 1 of the current year f. Acquired new equipment costing $870,000 by borrowing the full amount at the end of the current year. The loan is due in 5 years. Print Done