question content area on january 5, thomas company, a calendar year company, issued $1,000,000 of notes payable, of which $250,000 is due on january 1 each of the next 4 years. the proper balance sheet presentation on december 31 is a.current liabilities, $250,000; long-term debt, $750,000 b.current liabilities, $750,000; long-term debt, $250,000 c.long-term debt, $1,000,000 d.current liabilities, $1,000,000