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K On December 1, 2024, Modern Dining Products borrowed $97,000 on a 6%, 10-year note with annual installment payments of $9,700 plus interest due on

K On December 1, 2024, Modern Dining Products borrowed $97,000 on a 6%, 10-year note with annual installment payments of $9,700 plus interest due on December 1 of each succeeding year On December 1, the principal amount was recorded as a long-term note payable What amount of the note payable will be shown as current portion of Long-Term Note Payable on the balance sheet as of December 31, 2024? (Round your answer to nearest whole number) OA. $19,400 OB. $15,520 OC. $9,700 OD. $5,820
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A. 519450 a. $15.510 C. $1000 D. 55800

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