Staj Co$.,$ a clothing manufacturer, is preparing its statement of financial position at December $31,2023.$ For each of the following amounts as at December $31,2023,$ indicate whether the amount is $($a$)$ current or non$-$current; and $($b$)$ a trade receivable, a nontrade receivable, or not a receivable. If the amount is not a receivable, indicate its correct statement of financial position classification. If the amount isCheque received from a customer for $$1,200,$ dated January $1,2024$

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select a correct statement

$2.$

Bank overdraft balance of $$50,000$

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$3.$

Income taxes recoverable of $$14,000$

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$4.$

$$10,300$ owing from a customer $(10$ days overdue$),$ exchanged for a two$-$year note bearing interest at $8\%$ payable annually

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$5.$

Staj sold a piece of machinery to Marus Company this year. As part of the sale transaction, $$20,000$ is owing from Marus, due to be received on January $31,2025$

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select a correct statement