Question 1 of 8 > -/1 TII View Policies Current Attempt in Progress At December 31, 2020, Bonita Corporation owes $530,400 on a note payable due February 15, 2021. If Bonita had restructured the note on December 15, 2020, such that Bonita has the contractual right to defer payment of $265,200 of the note until February 15, 2022, how much of the $530,400 should be reported as a current liability at December 31, 2020? The amount to be reported as a current liability at December 31, 2020 $ e Textbook and Media If Bonita pays off the note on February 15, 2021, and then borrows $1,060,800 on a long-term basis on March 1, how much of the $530,400 should be reported as a current liability at December 31, 2020, the end of the fiscal year? The amount to be reported as a current liability at December 31, 2020 $ e Textbook and Media