Green Corp has a bond payable due on 3/1/19 for $150,000. On 3/10/19, Green enters into a financing agreement with the bank and borrows $30,000 that is not repayable for 3 years. Green publishes the 2018 financial statements on 3/15/19. How much of the $150,000 note should Green show as a current liability on the 2018 financial statements?

Select one:

$0

$30,000

$150,000

$120,000