Krawatte Inc. is a German firm located in Koeln. The firm's accounting calendar is from January 1 to December 31. The firm issued a four-year interest-bearing note payable for EUR 600,000 on January 1, 2017. The firm is required to pay EUR 150,000 on the note on every January. The firm's accountant shall report the note on the firm's December 31, 2018 balance sheet as

Select one:

a. Long-term debt, EUR 450,000.

b. Long-term debt, EUR 600,000.

c. Long-term debt, EUR 450,000; Long-term debt due within one year, EUR 150,000.

d. Long-term debt, EUR 300,000; Long-term debt due within one year, EUR 150,000.