Note: The drop down menu shows the answers as : Current, Long-Term, or current and long-term

Laura, the accountant for Ocsoc Ltd., is currently preparing the December 31, 2020, statement of financial position, and she asked you to help her classify the following liabilities: Identify each of the liabilities as current or non-current (Long-term). (Note that some liabilities may be classified partially as current and partially as non-current.) a. In the month of December, Ocsoc accepted $164,000 in deposits for goods to be delivered to customers by March 2021. b. During December, Ocsoc withheld $5,000 from employee wages for CPP, EI, and taxes. The company is required to remit the amount to the government on January 15, 2021. C. In 2019, Ocsoc obtained a $106,000 five-year loan repayable at maturity. d. The company provides a one-year assurance-type warranty on its products and in December 2020 estimated a warranty expense of $30,000. e. At the end of December, Ocsoc owed suppliers $54,000 for goods purchased during the last quarter of the year, which will be settled in the first quarter of 2021. f. Ocsoc has a $48,000 loan, of which $4,800 is scheduled to be repaid in 2021. g. During 2020, Ocsoc exceeded its cash balance by $4,900 and the bank automatically activated a line of credit to cover the shortage. Current Long-term LOT