On January 1, 2020, Wildhorse Co., a calendar-year company, issued $1880000 of notes payable, of which $470000 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. $1880000 O Current liabilities, $470000; Long-term Debt. $940000. O Current liabilities, $470000; Long-term Debt $1410000. O Long-term debt, $1880000.