On March 1, 2018, Barker Services issued a 5% long-term notes payable for $21,000. It is payable over a 3-year term in $7000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. How will the notes payable be shown on the balance sheet dated December 31, 2018? Select one: A. $7000 shown as current liability and $21,000 shown as long-term liability B. the entire $21,000 shown as long-term liability C. $7000 shown as current liability and $14,000 shown as long-term liability O D. $21,000 shown as current liability only