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2. Comet Company borrowed $5 million by signing a five-year note on June 30, 2019. Repayments of the principal are payable semi-annually. Comet Company makes

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2. Comet Company borrowed $5 million by signing a five-year note on June 30, 2019. Repayments of the principal are payable semi-annually. Comet Company makes the first payment on December 31, 2019 and then prepares its balance sheet. What amount will be reported as current and long-term liabilities, respectively, in connection with the note at December 31, 2019, after the first payment is made

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