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On January 1, 2020, Ivanhoe Company, a calendar year company, issued $936000 of notes payable, of which $234000 is due on January 1 for each

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On January 1, 2020, Ivanhoe Company, a calendar year company, issued $936000 of notes payable, of which $234000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is: O Current liabilities. $234000: Long-term Debt. 8702000. Long-term debt. 5936000 Current liabilities. $702000, Long-term Debt. $234000 Current liabilities. 5936000

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