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On December 31,2021 , Indiglow Company has a five-year note payable of $450,000. Of that balance $90,000 will be paid within one year from the

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On December 31,2021 , Indiglow Company has a five-year note payable of $450,000. Of that balance $90,000 will be paid within one year from the balance sheet date. How much of the note payable should Indiglow Company report as a long-term liability when they prepare the December 31,2021 , statement of financial position? Select one: A. $450,000 B. $90,000 C. $540,000 D. $360,000

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