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Review the following separate items and determine the proper classification as of December 3 1 , as a current or noncurrent asset, or some combination.

Review the following separate items and determine the proper classification as of December 31, as a current or noncurrent asset, or some combination.
a. $100,000, long-term note receivable, with an installment payment of $10,000 due June 30 of the next year.

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