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At December 31, 2021, notes payable of $15,000,000 are outstanding. The notes pay 10% interest every September 30 and mature in installments of $3,000,000 every

At December 31, 2021, notes payable of $15,000,000 are outstanding. The notes pay 10% interest every September 30 and mature in installments of $3,000,000 every September 30, beginning September 30,2022.

Indicate the dollar amounts associated with the notes payable to be reported as a current liabilities and as a long-term liabilities at December 31, 2021

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