Company A has of notes payable due April 12, 2022. At December 31, 2021, Company A signed an agreement with Bank B to borrow up to $18,000,000 to refinance the notes on a long-term basis.

The agreement specified that borrowings would not exceed 75% of the value of the collateral that Company A provided. At the date of issue of the December 31, 2021, financial statements. the value of Company A's collateral was $20,000,000. What amount of the note payable should Company A include in the current liabilities section of its December 31, 2021, balance sheet?

$13,500,000

$4,500,000

$3,000,000

$15,000,000