On March 1, 2016, Baker Service issued a 4% long-term notes payable for $24,000. It is payable over a 6-year term in a $6,000 annual principal payments on March 1 of each year plan interest, beginning March 1, 2017. How will the notes payable be shown on the balance sheet dated December 31, 2016? A. $6,000 shown as current liability and $18,000 shown as long-term liability B. the entire $24,000 shown as long-term liability C. $24,000 shown as current liability only D. $6,000 shown as current liability and $24,000 shown as long-tem liability