The following is an extract from a lease payment schedule for Lessee Pty Limited.

Date Payment Interest @ 12% PV of Lease Liability at year end

30 June 2008 $10,000 $6,349 $49,256

30 June 2009 $10,000 $5,911 ?

30 June 2010 $10,000 $5,420 ?

30 June 2011 $10,000 $4,871 ?

The lease payment each year at 30 June is $10,000.

What are the amounts of (a) current liabilities; and (b) non-current liabilities, relating to this finance lease, disclosed by Lessee Pty Limited at 30 June 2010? Numbers have been rounded to whole dollars.

A. (a) current 3,651; (b) non-current 49,256

B. (a) current 4,089; (b) non-current 45,167

C. (a) current 5,129; (b) non-current 35,458

D. (a) current 1,633; (b) non-current 17,040.

E. (a) current 5,420; (b) non-current 40,587