A Bank Loan for $100 000, Taken Out on 1

A bank loan for $100 000, taken out on 1 July 2015, is repayable in equal instalments, plus interest, over 5 years. The annual repayments are due on the second last day of the financial year. How would the loan be classified in a balance sheet prepared at 30 June 2016, the end of the entities financial year?

A) Non-current liability $80 000
B) Current liability $20 000; non-current liability $80 000
C) Current liability $40 000; non-current liability $40 000
D) Current liability $20 000; non-current liability $60 000