A bank loan for $100 000, taken out on 1 July 2019, is repayable in equal instalments, plus interest, over 5 years. The annual repayments are due on the second last day of the financial year. How would the loan be classified in a balance sheet prepared at 30 June 2020, the end of the entities financial year? Select one: a. Current liability $20 000; non-current liability $80 000 b. Non-current liability $80 000 c. Current liability $40 000; non-current liability $40 000 d. Current liability $20 000; non-current liability $60 000