At December

31,20\\\\times 1

, Service Corporation owed

$100,000,000

on a bond issue that matures on March

31,20\\\\times 2

. On February

28,20\\\\times 2

, Service refinanced

$70,000,000

of these bonds with a sale of stock. Service's financial statements for

20\\\\times 1

were issued on March

15,20\\\\times 2

. How much of the bonds should be reported as a current liability in Service's balance sheet dated December

31,20\\\\times 1

?\

$100,000,000

\

$70,000,000

\

$30,000,000

\

$0

At December 31, 20x1, Service Corporation owed $100,000,000 on a bond issue that matures on March 31, 20x2. On February 28, 20x2, Service refinanced $70,000,000 of these bonds with a sale of stock. Service's financial statements for 20x1 were issued on March 15, 20x2. How much of the bonds should be reported as a current liability in Service's balance sheet dated December 31, 20x1? O $100,000,000 O $70,000,000 O $30,000,000 $0