Barton Chocolates used a promissory note to borrow $1750,000 on July 1, 2018, at an annual interest rate of 9 percent. The note is to be repaid in yearly installments of $350,000, plus accrued interest. on June 30 of every year until the note is paid in full (on June 30 2023). Show how the results of this transaction would be reported in a classified balance sheet prepared as of December 31, 2018. (Do not round intermediate calculations.) Answer is not complete. BARTON CHOCOLATES Balance Sheet (partial) As of December 31, 2018 Current Liabilities Interest Payable Current Portion of Long-term Debt s 1,750.000 78,750 Total Current Liabilities S 1,828,750 Notes Payable (long-term)