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Solstice Corporation has total borrowings of S60 million as of December 31, 2021 Of that amount $20 million is due in the next year, and

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Solstice Corporation has total borrowings of S60 million as of December 31, 2021 Of that amount $20 million is due in the next year, and the reminder is due after 2022. How should the company report this liability in its December 21, 2021 balance sheet M Cherce 00 As a 560 million current liability As a $20 million current ability and a $40 million long-term liability As a $60 million long-term liability O As a 540 million current liability and a $20 million long-term lability

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