Tyler Company is doing their balance sheet for December 2016. They are currently living in January 2017. They have to have the balance sheet done by March 1st. They have a $100,000 note payable due March 7th but was issued in 2015. They sold common stock share to get $80,000 and they already had $20,000 cash on hand. How would they report the payable on their 2016 balance sheet?