10. On 1/1/20, Nelson Corp. borrowed $400,000 by issuing a three-year, 12%, installment note. The note will be paid back in three equal yearly installments of $166,540 beginning on 12/31/20 and ending on 12/31/22 The following amortization schedule has already been correctly prepared for this note: Date 1/1/20 12/31/20 Cash Paid Interest Expense Carrying Value $400,000 $166,540 $48.000 281,460 166,540 33,775 148,695 166,540 17,845 0 12/31/21 12/31/22 Total $499,620 $99.620 Question: For purposes of the company's balance sheet at 12/31/2020, what portion of this debt's carrying value of $281.460 should be classified in the current liability section? A. $ 33,775 B. $ 48,000 C. $132.765 D. S148,695 E. $166,540 F. $281,460