Region Jet has a $67 million liability at December 31, 2012, of which $19 million is payable in 2013. In its December 31, 2012 balance sheet, the company reports the $67 million debt as

A $67 million current liability on the balance sheet.
	A $19 million current liability and a $48 million long-term liability on the balance sheet.
	A $48 million current liability and a $19 million long-term liability on the balance sheet.
	A $67 million long-term liability on the balance sheet.