If Crane pays off the note on February 15, 2021, and then borrows $ 1,029,800 on a long-term basis on March 1, how much of the $ 514,900 should be reported as a current liability at December 31, 2020, the end of the fiscal year? The amount to be reported as a current liability at December 31, 2020 | At December 31, 2020, Crane Corporation owes $ 514,900 on a note payable due February 15, 2021. (a) If Crane had restructured the note on December 15, 2020, such that Crane has the contractual right to defer payment of $ 257,450 of the note until February 15, 2022, how much of the $514,900 should be reported as a current liability at December 31, 2020? The amount to be reported as a current liability at December 31, 2020 $