[单选题]
As of December 1, Year 2 a company obtained a USD1,000,000 line of credit maturing in one year on which it has drawn USD250,000, a USD750,000 secured note due in five annual installments, and a USD300,000 three-year balloon note. The company has no other liabilities. How should the company's debt be presented in its classified balance sheet on December 31, Year 2 if no debt repayments were made in December?
A .Current liabilities of USD1,000,000; long-term liabilities of USD1,050,000.
B .Current liabilities of USD500,000; long-term liabilities of USD1,550,000.
C .Current liabilities of USD500,000; long-term liabilities of USD800,000.
D .Current liabilities of USD400,000; long-term liabilities of USD900,000.
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