A company has a $48,000 loan to be paid off over 24 months. Principal payments are $2,000 per month. The current and long- term portions of the loan after one month are: Select one: a. $24,000 current and $24,000 long-term b. $24,000 current and $22,000 long-term c. $48,000 current and $0 long-term d. $22,000 current and $24,000 long-term