The following items appear on the balance sheet of a company with a one year operating cycle. Identify the proper classification of each item as follows: Cif it is a current liability, Lif it is a long-term liability, or if it is not a liability Classification Item 1 Notes payable (due in 13 to 24 months) 2. Notes payable (due in 6 to 11 months) 3. Notes payable (mature in five years) 4. Current portion of long-term debt. 5. Notes payable (due in 120 days) 6. FUTA taxes payable. 7. Accounts receivable. 8. Sales taxes payable 9. Salarios payable 10. Wages payable