Fel Company borrowed 70,000 on December 1 on a 6-month, 6% note. At December 31: a. the interest payable is a current liability but the note payable is not b. the note payable is a current liability, but the interest payable is not c. both the note payable and the interest payable are current liabilities. d. neither the note payable nor the interest payable is a current liability