Barauch Corporation Issued $1,000,000 of 10-Year Bonds in January 1,2008

Barauch Corporation issued $1,000,000 of 10-year bonds in January 1,2008.The bonds have a bond sinking fund with a balance of $900,000.At December 31,2016,the bonds should be classified as ________.

A) Short-term $100,000; Long-term $900,000
B) Short-term $1,000,000
C) Long-term $1,000,000
D) Short-term $900,000; Long-term $100,000