On January 1, 2013, Donahue Company, a calendar-year company,issued $500,000 of notes payable, of which $125,000 is due onJanuary 1 for each of the next four years. The proper balance sheetpresentation on December 31, 2013, is; On January 1, 2013, Donahue Company, a calendar-year company,issued $500,000 of notes payable, of which $125,000 is due onJanuary 1 for each of the next four years. The proper balance sheetpresentation on December 31, 2013, is
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