Mitchell Company has the following debt instruments on 12/31/2023: A bond issue with $5 million in face value, issued at face value, due for payment on 12/31/2025 An installment note, issued on 7/1/2021, that requires payment of $700,000 on 7/1 of every year until and including 2026 A $2 million face value zero coupon bond with a maturity date of 1/1/2050 but is redeemable by the investor starting in 2023 Which of these will Mitchell report as long-term debt in its 12/31/2023 balance sheet? Choose an answer and explain it briefly.

(a) The $5 million face value bond issue only.

(b) The $5 million face value bond and part of the installment note.

(c) The $5 million face value bond and the entire installment note.

(d) The $5 million face value bond and the zero coupon bond.

(e) All three debt instruments.