Included in Harrison Inc.s account balances at December 31, 2020, were the following:

4% note payable issued October 1, 2020,
	maturing September 30, 2021	$250,000
6% note payable issued April 1, 2020, payable in six equal
	annual instalments of $100,000 beginning April 1, 2021	600,000

Harrisons December 31, 2020 financial statements were to be issued on March 31, 2021. On January 15, 2021, the entire $600,000 balance of the 6% note was refinanced by issuance of a long-term note to be repaid in 2024. In addition, on March 10, 2021, Harrison made arrangements to refinance the 4% note on a long-term basis.

Under IFRS, on the December 31, 2020 statement of financial position, the amount of the notes payable that Harrison should classify as current liabilities is:

$350,000.

$0.

$100,000.

$250,000.