Lulu Luxuries Company issued a four-year interest-bearing note payable for 200,000 on January 1, 2019. Each January the company is required to pay 50,000 on the note. How will this note be reported on the December 31, 2020 statement of financial position?

Non-current debt, 100,000; Non-current debt due within one year, 50,000.

Non-current debt, 150,000; Non-current debt due within one year, 50,000.

Non-current debt, 200,000. Non-current debt, 150,000.