On December 31, 2017, Sandy Company has a Note Receivable of $5,000. The note will be collected in installments $1,000 is due on December 31, 2018 and $1,000 is due every year after December 31. 2018. The dassification of the note on Sandy Company's balance sheet at December 31, 2017 is A. 0 B. C. OD all S5.000 is a long term asset $1,000 is a current asset and $4,000 is a long-term asset all $5,000 is a current asset. $4,000 is a current asset and $1,000 is a long-term asset