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On January 1, 2020, Crane Company, a calendar-year comparvy, issued $684000 of notes payable, of which $171000 is due on January 1 for each of

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On January 1, 2020, Crane Company, a calendar-year comparvy, issued $684000 of notes payable, of which $171000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is: O Current liabilities, $684000. O Current liabilities, $171000; Long-term Debt. $513000 O Long-term debt. $684000. O Current liabilities, $513000: Long-term Debt $171000

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