Indicate with an "X" whether each description results in the reporting of a current liability,long-term liability,or neither on the company's Balance Sheet.Assume a December 31,2011 yearend.

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The Answer of Indicate with an "X" whether each description results in the reporting of a current liability,long-term liability,or neither on the company's Balance Sheet.Assume a December 31,2011 yearend.

Indicate with an "X" Whether Each Description Results in the Reporting