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Concord Corporation is preparing its December 31,2023 statement of financial position and is deciding whether the following items should be reported as current or long-term liabilities: 1. On December 15, 2023, Concord declared a cash dividend of $3.40 per common share to shareholders of record on December 31 . The dividend is payable on January 15, 2024. Concord has issued 1.30 million common shares. 2. Also, on December 31, Concord declared a 10% stock dividend to shareholders of record on January 15,2024 . The dividend will be distributed on January 31,2024 . Concord's common shares have a market value of $55 per share. 3. At December 31 , bonds payable of $110 million is outstanding. The bonds pay 7% interest every September 30 and mature in instalments of \$27.5 million every September 30, beginning on September 30, 2024. 4. At December 31,2022 , customer advances were $17 million. During 2023 , Concord collected $45 million in customer advances, and advances of $34 million were earned. 5. At December 31,2023 , Concord has an operating line of credit with a balance of $3.70 million outstanding. For several years now, Concord has successfully met all the conditions of this bank loan. If Concord defaults on any of the loan conditions in any way, the bank has the right to demand payment of the loan. 6. Concord is contingently liable for a bank loan in the amount of $31 million of its associated company, DD Ross Ltd. Concord has guaranteed the bank that, should DD Ross default on the loan or any outstanding interest payable, Concord will pay any and all outstanding balances. DD Ross is in an excellent financial position and shows no signs of defaulting on the terms of the bank loan. For each item above, indicate the dollar amounts to be reported as a current liability and as a long-term liability, if any. (Do not leave any answer field blank. Enter 0 for amounts.)

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