Suppose a business receives a $453,000 long-term bank loan on December 31, 2019. The borrowing arrangement requires the business to pay $113,250 by September 2020. Show how the business will report both current and long-term liabilities on its December 31, 2019 balance sheet.

Do not enter dollar signs or commas in the input boxes.

Current Liabilities:
Bank Loan, Current Portion	Answer
Long-Term Liabilities:
Bank Loan, Long-Term Portion	Answer