View Policies Current Attempt in Progress Sunland Luxuries Company issued a four-year interest-bearing note payable for $611000 on January 1, 2022. Each January the company is required to pay $152750 on the note. How will this note be reported on the December 31, 2023 balance sheet? O Long-term debt. $611000. O Long-term debt. $305500: Long-term debt due within one year, $152750. O Long-term debt, $458250; Long-term debt due within one year, $152750. O Long-term debt. $458250. Save for Later Attempts: 0 of 1 used Submit