On December 31,2022 , HP Co, has $7,000,000 of short-term notes payable due on March 1, 2023, On February 18, 2023, HP reached an agreement to borrow up to $5,500,06 from Gulf Bank which will be provided with an additional cash $1,500,000 and used to liquidate $7,000,000 of the short-term notes payable. The amount of the short-term notes payable that should be excluded from current liabilities and classified as long-term liabiaties on Docember 31, 2022, is: A. 50. B. $7,000,000. C. $5,000,000 D. $2,000,000