RS Company borrowed €70,000 on December 1 on a 6-month, 6% note. At December 31:

a. neither the note payable nor the interest payable is a current liability.

b. the note payable is a current liability, but the interest payable is not.

c. the interest payable is a current liability but the note payable is not.

d. both the note payable and the interest payable are current liabilities.