You are given a choice of taking the simple interest on 100,000 invested for 2 years

Cyclone, Inc. reports the following liabilities (in thousands) on its January 31, 2007, balance sheet and notes to the financial statements.

Accounts Payable $3,263.9

Accrued pension liability 1,215.2

Accrued liabilities 1258.1

Bonds payable 1961.2

current portion of long-term debt 1992.2

income taxes payable 235.2

notes payable--long-term $5746.7

operating leases 1641.7

loans payable--long term 335.6

payroll-related liabilities 558.1

short-term borrowings 2563.6

unused operating line of credit 3337.6

warranty liability--current 1417.3

(a)Identify which of the above liabilities are likely current and which are likely long-term. say if an item fits in neither category. Explain the reasoning for you selection.

(B) prepare the liabilities section of Cyclone's balance sheet as at January 31, 2007

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