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Question 29 of 47 View Police Current Attempt in Progress Kingbird, Inc. issued a five-year interest-bearing note payable for $342000 on January 1, 2019. Each

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Question 29 of 47 View Police Current Attempt in Progress Kingbird, Inc. issued a five-year interest-bearing note payable for $342000 on January 1, 2019. Each January the company is required to pay $68000 on the note. How will this note be reported on the December 31, 2020, balance sheet? O Long-term debt. $342000 O Long term debt of $274000, Long-term Debt due within one year, $68000 Long-term debt. $206000; Long-term Debt due within one year, 568000 Long-term debt. $274000 smotor Later Attempts: 0 of 1 used Submit

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