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Crane Luxuries Company issued a four - year interest - bearing note payable for $ 6 0 4 0 0 0 on January 1 ,

Crane Luxuries Company issued a four-year interest-bearing note payable for $604000 on January 1,2022. Each January the company is required to pay $151000 on the note. How will this note be reported on the December 31,2023 balance sheet?
Long-term debt, $453000; Long-term debt due within one year, $151000.
Long-term debt, $302000; Long-term debt due within one year, $151000.
Long-term debt, $604000.
Long-term debt, $453000.
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