Question 1 Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a current liability. (Assume an operating cycle of less than one year.) Obligations (a) (b) (c) (d) A note payable for $100,000 due in 2 years. A 10-year mortgage payable of $300,000 payable in ten $30,000 annual payments. Interest payable of $15,000 on the mortgage Accounts payable of $60,000. 5 5 LINK TO TEXT