On January 1, 2020, ABC Company, a calendar-year company, issued $1,800,000 of notes payable, of which $450,000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is Current Liabilities, $450,000; Long-term Debt, $1,350,000. Current Liabilities, $1,800,000. Long-term Debt, $1,800,000. O Current Liabilities, $900,000; Long-term Debt, $900,000