On June 30, 2017, Ermler Company issued $2,000,000 of notes payable, of which $500,000 is due on June 30 of each of the next four years. The proper balance sheet presentation on December 31, 2017, is CA. Current liabilities, $500,000; Long-term Debt, $1,500,000. CB. Current liabilities, $500,000; Long-term Debt, $1,000,000. C C. Current liabilities, $2,000,000. CD. Long-term debt, $2,000,000. QUESTION 26 4p The following totals for the most recent pay period were taken from the payroll records of Noll Company. None of the following amounts have been paid in cash. Salaries $120,000 Employee FICA Taxes 9,180 Employee Income Taxes 25,000 Employee Medical Insurance premiums 4,500 Based on the preceding information, Noll would record all of the following, except CA. Salaries and Wages Expense of $120,000. B. Salaries and Wages Expense of $81,320. CC.Salaries and Wages Payable of $81,320. D. Employee FICA Taxes Payable of $9,180