helpp

On December 31, 2022, Zallaq Co. has $3,000,000 of short-term notes payable due on March 1, 2023. On December 18, 2022, Zallaq reached an agreement to borrow up to $2,000,000 from PNC Bank which will be provided with an additional cash $1,000,000 and used to liquidate $3,000,000 of the short-term notes payable. The amount of the short-term notes payable that should be excluded from current liabilities and classified as long-term liabilities on December 31,2022 , is: A. so. B. $2,000,000. C. $1,000,000. D. $3,000,000