As of January 1, 20X9, Darnell's Deliveries owes $60,000 on a truck purchased for use by the business. The company makes principal payments of $1,000 each month plus interest at 8%. At the end of 20X9, after the first 12 months' payments of principal and interest, which of the following would be included on the balance sheet for December 31, 20X9 A. Long-term Liabilities $48,000 and Interest Payable for four years' interest. B. Long-term Liabilities $36,000; Current Liabilities $12,000; and Interest Payable for four 8. years' interest C. Long-term Liabilities $36,000; Current Liabilities $12,000; and no Interest Payable D. Long-term Liabilities $48,000 and no Interest Payable