Case 7.33 LO 7.49 Focus company-noncurrent liability disclosures In Exercise 1.1. you were asked to obtain the most recent annual report of a company that you were interested in reviewing throughout this term. Required: Please review the note disclosures provided in your focus company's annual report and identify at least three items being reported as noncurrent (long-term) liabilities. Discuss what you've learned about these items and how they are presented on the balance sheet.