Your answer is partially correct. 1. Orlole Corporation is preparing its December 31, 2020, balance sheet. The following items may be reported as either a current or long-term liability On December 15, 2020, Oriole declared a cash dividend of $4.50 per share to stockholders of record on December 31. The dividend is payable on January 15, 2021. Orlole has issued 1,000,000 shares of common stock, of which 50,000 shares are held in treasury At December 31, bonds payable of $119,541,000 are outstanding. The bonds pay 12% interest every September 30 and mature in installments of $29,885,250 every September 30, beginning September 30, 2021 3. At December 31, 2019, customer advances were $13,592,000 During 2020, Oriole collected $32,061.000 of customer advances, advances of $25.655.000 should be recognized in Income. 2. For each item above, indicate the dollar amounts to be reported as a current liability and as a long-term liability.if any. Reported as Reported as $ 4273000 Current Liability 1 Dividends payable $ 250 Current ability 2 Bonds payable (September 30, 2021 installment) $ 3586230 Lone term ability Bonds payable (Other than September 30, 2021 installment) $ Currently Interest payable Current Listy . 3. Customer advances