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Question 2 0 Thunder Construction Company's fiscal year ends on December 3 1 . Al the end of the 2 0 2 4 fiscal year,

Question 20Thunder Construction Company's fiscal year ends on December 31. Al the end of the 2024 fiscal year, Thunder had $12 million of notes payable due on February 8,2025. To pay t common stock on February 3,2025 for %9 mition. Thunder used the proceeds frony the sale of the common stock and 53 million of cash to pay the $12 million note on February 8thHow would Thunder report this in its balance sheet at December 31,20247 $12 milion current liablty.O $12 milion non-curent liabilty.13 milion current liability and 39 milion non-current lability $0 millen current liability and $3 million non-current hability

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