PLEASE GIVE ME ANWERS AND EXPLAIN

Van Rushing Hunting Goods' fiscal year ends on December 31, At the end o' the 2024 fiscal year. the company had notes payable of due on February 8. 202S_ Rushing sold 4.0 million shares Of its $0.25 pat. common Stock on February 3. 2025, SEO The proceeds that sale along with $3.4 from the maturation Of 3-month CDS Were used to pay the notes payable on 8. Through his attMney. one of Rushing's construction workers notified management on January 5, 2025, that he planned to Sue the for $1 related to on December 20, 2024: AS Of December 31.2024, management had been Of but reached an agreement on February 23.2025, to Settle the by paying the employee'S medical bias Of $73,500, financial Statements Were finalized on March 3.2025 I. What any. related to the situations described shOuId Reshinq report among current liabilities in its balance sheet at December 31.2024? 2. What if any. related to the situations described should Rshing report among long-term liabilities in its balance sheet at Oecembet 31. 2024? 3. Assume that. as ot March 3, management not think it is pmbable that it will suffer a material loss because of the injury What amount(s) if any. to the situations deSCtbed Should Rushing report among liabilities in balance sheet at 31. 2024 i' the settlement agreement had Occurred on Morch 15, 2025. instead? 4. What if to the Situations should repott Current liabilities and in its balance sheet at December 31. 2024 if the work-site injury had occurred On January 3, 2025. instead? Note: your I ability