The balance in a company's Long-Term Loan Payable account on December 31,2024 , is $420,000. The long-term loan amortizes over seven years with equal principal repayments of $60,000, the first of which is due on October 31,2025 . An interest amount of $1,440 will also be due on October 31,2025 . What amounts should be reported under current liabilities on the company's December 31,2024 , statement of financial position