At December 31, 2020, Monty Corporation owes $525,300 on a note payable due February 15, 2021. If Monty had restructured the note on December 15, 2020, such that Monty has the contractual right to defer payment of $262,650 of the note until February 15, 2022, how much of the $525,300 should be reported as a current liability at December 31, 2020? The amount to be reported as a current liability at December 31, 2020 $ e Textbook and Media If Monty pays off the note on February 15, 2021, and then borrows $1,050,600 on a long- term basis on March 1, how much of the $525,300 should be reported as a current liability at December 31, 2020, the end of the fiscal year? The amount to be reported as a current liability at December 31, 2020