Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate com You have been asked to review the December 31, 2021, balance sheet for Champion Cleaning. After completing your review. you list the following three items for discussion with your superior 1 An investment of $41,000 is included in current assets. Management has indicated that it has no intention of liquidating the investment in 2022 2 A $210.000 note payable is listed as a long-term liability, but you have determined that the note is due in 10, equal annual installments with the first installment due on March 31, 2022 3. Deferred revenue of $93,000 is included as a current liability even though only two-thirds will be recognized as revenue in 2022 and the other one-third in 2023. Determine the appropriate classification of each of these items. (If no entry is required for classification, choose "No entry":) Amount Answer is complete but not entirely correct. Current Long-term Classification Amount Classification Current assets x $ 41,000 Other assets Current liabilities $ 210.000 Long-term liabilities Current liabilities $ 31,620 Long-term liabilities Items Investment Installment note Deferred revenue 1 2. $ $ $ 41.000 X 210.000 61,380