OMR150,000 Bonds Payable will mature on June 2022.The operating cycle of the company is 13 months.How this Bonds payable should be reported in the statement of financial position as on31/12/2021?

a. Short term liability because it matures within 12 months

b. Long term liability because it matures after 12 months

c. Short term liability because the operating cycle is 13 months

d. None of the option is correct