On 1 January 2019 Bradley Ltd, a Calendar-Year Company, Issued

On 1 January 2019 Bradley Ltd, a calendar-year company, issued $200,000 of notes payable of which $50,000 is due on 1 January for each of the next four years. The proper statement of financial position for presentation on 31 December 2019 is:

A) Current liabilities, $200,000
B) Non-current liabilities, $200,000
C) Current liabilities, $50,000; Non-current liabilities, $150,000
D) Current liabilities, $150,000; Non-current liabilities, $50,000