Paragon comma Inc.'s trial balance shows $ 255 comma 000 face value of bonds with a discount balance of $ 1 comma 200. The bonds mature in 10 years. How will the bonds be presented on the balance sheet? 

A. Bonds payable $ 255 comma 000 will be listed as a long-term liability. 

B. Bonds payable $ 255 comma 000 will be listed as a long-term liability. A $ 1 comma 200 discount on bonds payable will be listed as a contra current liability. 

C. Bonds payable $ 253 comma 800 (net of $ 1 comma 200 discount) will be listed as a long-term liability. 

D. Bonds payable $ 255 comma 000 will be listed as a long-term liability. A $ 1 comma 200 discount on bonds payable will be listed as a current liability.