Camrey Company issued a five-year, interest - bearing note payable for $50,000 on January 1, 2017. Each January Camrey is required to pay $10,000 principal on the note. What is the amount that will be reported on the long-term portion of long-term notes payable on the December 31, 2019 balance sheet? O A. $10,000 O B. $30,000 O C. $20,000 OD. $40,000