Barton Chocolates used a promissory note to borrow $1,000,000 on July 1, 2017, at an annual interest rate of 6 percent. The note is to be repaid in yearly instalments of $200,000, plus accrued interest, on June 30 of every year until the note is paid in full (on June 30, 2022). Show how the results of this transaction would be reported in a classified balance sheet prepared as of December 31, 2017.