Bramble owes $2.9 million that is due on february 28. the company borrows $2,340,000 on february 25 (5-year note) and uses the proceeds to pay down the $2.9 million note and uses other cash to pay the balance. how much of the $2.9 million note is classified as long-term in the december 31 financial statements?

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?