Multiple Choice Question 11% Merlock Inc.Issued a five-year Interest-bearing note payable for $270000 on January 1, 2019. Each January the company is required to pay 354000 on the note. How will this note be reported on the December 31, 2020, balance sheet? Long-term debt of $216000, Long-term Debt due within one year, 554000 Long-term det, 1270000 Long-term deut, $216000 Long-term debt, $152000; Long-term Debt due within one year. 854000 Click if you would like to show Work for this questions On Show Work