O17 On January 1, 2020 the ABC company purchases a warehouse at a cost of $250,000. The down payment is ot yet Marked of 100 $100,000. The remaining balance is payable in 4 equal yearly payments. The current and long-term portions of the loan for the first year as at December 31, 2020 are: Select one: O a $37.500 current and $112,500 long-term Ob $150,000 current and 50 long-term Oc$37,500 current and $212,500 long-term Od $62,500 current and $187,500 long-term Previous page Next page