On December 31, 2016, L Inc. had a $3,100,000 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 temporarlly had excess cash, It prepaid $660,000 of the note on January 23, 2017 In February 2017, L completed a $4,600,000 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 financlal statements. What amount of the note payable should L Include in the current liablities section of its December 31, 2016, balance sheet? O so O $3,100,000 O $2.440,000 O $660,00o