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Kananga Company has these obligations at December 31:

Kananga Company has these obligations at December 31: (a) a note payable for $100,000 due in 2 years, (b) a 10-years morgage payable of $200,000 payable in ten annual payments, (c) interest payable of $15,000 on the mortgage, and (d) accounts payable jof $60,000. For each obligation, indicate whether it should be classified as a current liaiblity.

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