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Nuestion 2 of 4 1.25 pointsSed On December 31, 2018, Fahad Co. has 2,000,000 of short-term notes payable due on February 28, 2019. On December 23, 2018, Fahad reached an agreement to borrow up to 1,750,000 for three years. On February 2 2019. Fahad borrowed 1,250,000 from Ahli Bank and used 250,000 additional cash to liquidate 1,500,000 of the short-term notes payable. The amount of the short-term notes payable that should be reported as current liabilities on the December 31, 2018 statement of financial position which is issued on March 15, 2016 is O A $250,000 OB. $500,000 OC $2,000,000 D. $0