On December 31, 2016, L Inc. had a $2,700,000 note payable outstanding, due July 31, 2017. L borrowed the money to finance construction of a new plant. L planned to refinance the note by issuing long-term bonds. Because L temporarily had excess cash, it prepaid $620,000 of the note on January 23, 2017. In February 2017, L completed a $4,200,000 bond offering. L will use the bond offering proceeds to repay the note payable at its maturity and to pay construction costs during 2017. On March 13, 2017, L issued its 2016 financial statements. What amount of the note payable should L include in the current liabilities section of its December 31, 2016, balance sheet?

A. $620,000.

B. $0.

C. $2,700,000.

D. $2,080,000.