20. Suppose a hotel has $40,000 of long-term debt at year end. Of this amount, $10,000 must be repaid within the next year. Which of the following statements is true? a) b) The classified balance sheet would show $30,000 of long-term debt under the heading "Long-term liabilities The classified balance sheet would show $40,000 of long-term debt under the heading "Current liabilities The classified balance sheet would show $50,000 of long-term debt under the heading "Long-term liabilities." The classified balance sheet would show $30,000 of long-term debt under the heading "Current liabilities." Leave blank