Brawn CoHas a $20,000,two-Year Note Payable to Gassaway City Bank That

Brawn Co.has a $20,000,two-year note payable to Gassaway City Bank that matures June 30,2014.Brawn's management intends to refinance the note for an additional three years and is negotiating a financing agreement with Gassaway City.In order to exclude this note from current liabilities on its December 31,2013,balance sheet,Brawn Co.must

A) pay off the note and complete the refinancing before the 2013financial statements are issued.
B) complete the refinancing before the note's maturity date.
C) complete the refinancing before the balance sheet date.
D) demonstrate an ability to refinance the obligation before the 2013financial statements are issued.