At December $31,2025,$ Concord Corporation owes $$539,800$ on a note payable due February $15,2026.$

$($a$)$

If Concord had restructured the note on December $15,2025,$ such that Concord has the contractual right to defer payment of $$269,900$ of the note until February $15,2027,$ how much of the $$539,800$ should be reported as a current liability at December $31,2025?$

The amount to be reported as a current liability at December $31,2025$$