a. On January 2, 2009, Hill Company borrowed $10,000 from BankThree. The loan was to be repaid in equal principal installments of$2,000, payable on December 31 of each year, beginning on December31, 2009. Disregarding interest, the amount of the $10,000 loanthat should be considered a current liability on the company's 2009year-end balance sheet would be?

b. Purdum Farms borrowed $10 million by signing a five yearnote on January 1, 2009 and repayments of the principle are payableannually in $2 million dollar installments. Purdum Farmsmakes the first payment December 31, 2009 and then prepares itsbalance sheet. What amount will be reported as current andlong-term liabilities respectively in connection with thenote?

c. In 2004, Coca-Cola reported an increase in accountsreceivable of $80 million, and an increase in inventory of $168million. They also experienced an increase in accountspayable of $225 million and a decrease in accrued income taxespayable of $255 million. Calculate the net cash effect ofthese

d. George's grandmother promises to give him $1,000 atthe end of each of the next five years. How much is the money worthtoday, assuming George could invest the money and earn a 6% annualrate of return? (Round to the nearest dollar).