On January 1, 2017, Carla Vista Co., a calendar-year company, issued $2280000 of notes payable, of which $570000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2017, is:

a) Current liabilities, $2280000.

b) Long-term debt, $2280000.

c) Current liabilities, $570000; Long-term Debt, $1140000.

d) Current liabilities, $570000; Long-term Debt, $1710000.