E13.3 (LO1) (Refinancing of Short-Term Debt) On December 31, 2018, Alexander AG had E1,200,000 of short-term debt in the form of notes payable due February 2, 2019. On January 21, 2019. the company issued 25,000 ordinary shares for 36 per share, receiving 900,000 proceeds after brokerage fees and other costs of issuance. On February 2, 2019, the proceeds from the share sale, supplemented by an additional 300,000 cash, are used to liquidate the 1,200,000 debt. The December 31,2018 , statement of financial position is authorized for issue on February 23, 2019. Instructions Show how the 1,200,000 of short-term debt should be presented on the December 31, 2018, statement of financial position