4 of 31 View Policies Current Attempt in Progress -13 E On January 1, 2020, Wildhorse Co., a calendar-year company, issued $1880000 of notes payable, of which $470000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is: Current liabilities, $470000; Long-term Debt, $940000. Long-term debt, $1880000. Current liabilities. $470000; Long-term Debt, $1410000. Current liabilities. $1880000. Save for Later Attempts: 0 of 1 used Submit