Login X WileyPLUS X + edugen.wileyplus.com/edugen/Iti/main.uni S Paused Return to Blackboard yPLUS Kieso, Intermediate Accounting, 16e Help | System Announcements TIMER Start Time: 07:28 PM / Remaining: 35 min. CALCULATOR PRINTER VERSION 1 BACK NEXT 8 Question 10 On January 4, 2017, Sheridan Company leased a building to Sweet Acacia Industries for a ten-year term at an annual rental of $191000. At inception of the lease, Sheridan received $764000 covering the first two years' rent of $382000 and a security deposit of $382000. This deposit will not be returned to Sweet Acacia upon 11 expiration of the lease but will be applied to payment of rent for the last two years of the lease. What portion of the $764000 should be shown as a current and long-term liability in Sheridan's December 31, 2017 balance sheet? 1 12 7 13 Current Liability Long-term Liability n 14 715 1 16 $191000 $382000 on 18 on 19 $0 $764000 on 20 on 21 $382000 $382000 on 22 n 23 $382000 $191000 on 24 n 25 LINK TO TEXT jon 26 ion 27 on 28 ion 30 Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER Score Results by e eme 9 8:53 PM 3/22/2020 N