1 (Current / Noncurrent) liabilities are obligations due within one year or within the company's normal operating cycle if longer. Obligations due beyond that time are classified as (current / noncurrent) liabilities. Q2 The purchase of inventory will usually increase the (accounts / notes / mortgage) payable account. Q3 Warranty costs related to Year 5 sales total ($275 / $510 / $785) million and warranty costs expected to be incurred in the future total ($275 / $510 / $785) million. These amounts are (known / estimated). Q4 There is ($271 / $631 / $902) million of total debt outstanding (not including bonds). Of this amount, the company plans to pay ($271 / $631 / $902) million during the following year and pay ($271 / $631 / $902) million in later years. Q5 When bonds payable are issued, they are recorded at their (face / present) value. After issuance, they are reported at their (present / fair market / amortized) value. The above bond has a current carrying value of $ million that will continue to (increase / decrease) until maturity. At maturity, the issuing corporation will pay $ million to the holder of the bond. Q6 The bond payable was