(b) The balance in a company's long-term mortgage payable account on December 31, 2020, is $120,000. This is to be repaid at the rate of $20.000 per year for the next six years. How should this liability be reported on the company's statement of financial position on December 31, 2020? + $ $ Towale ndad Attempts: Current Assets Current Liabilities Expenses Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Revenues Stockholders' Equity part will be available w