Question 32 On December 31, 2021 Sycamore Company has outstanding bonds payable with is face value of $700.000 discount on bonds payable of $60,000, and interest payable of $15,000. The bonds mature on January 1,2025 and interest is payable on a semi-annual basis. What amounts will be reported in the current liabilities section and long-term liabilities section of the balance sheet for these bonds? O Current Liabilities $75,000 Long-term liabilities: $700,000 O Current Liabilities: $15,000 Long-term liabilities: $760,000 Current Liabilities: $15,000; Long-term liabilities: $640,000 Current Liabilities: $15,000; Long-term liabilities: $700,000