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Jade Larson Ansiques owes $20,000 on a truck purchased for use in the business. Assume the company makes timely peinchal payments of $5, 000 each

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Jade Larson Ansiques owes $20,000 on a truck purchased for use in the business. Assume the company makes timely peinchal payments of $5, 000 each year at Decomber3i plus interest at 8\%. Which of the following is true? A. Aler the first payment is made, the compary owes 515,000 plus three yoars' interest B. Just before the last payment is made, 55,000 wil appear as a long-term liabily on the balance sheel. C. After the first paymont is made, $5,000 would bo stwown as the cunent portion due on the long.term note D. After the first payment, 515,000 would be shown as a long.6erm liabelty

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