Taylor Company has the following obligations at December 31: (a) a note payable for $10,000 due in six months; (b) unearned revenue of $12,500; (c) interest payable of $15,000; (d) accounts payable of $60,000; and (e) note payable due in two years. For each obligation, indicate whether or not it should be classified as a current liability.

For each scenario, determine if the liability should be classified as a current or non-current liability.

(a) a note payable for $10,000 due in six months
(b) unearned revenue of $12,500
(c) interest payable of $15,000
(d) accounts payable of $60,000
(e) note payable due in two years