At December 31, 2021, Burr AG owes €500,000 on a note payable due February 15, 2022. 

(a) If Burr expects to refinance the obligation by issuing a long-term note on February 14 and using the proceeds to pay off the note due February 15, how much (if any) of the €500,000 should be reported as a current liability at December 31, 2021? 

(b) If Burr pays off the note on February 15, 2022, and then borrows €1,000,000 on a long-term basis on March 1, how much (if any) of the €500,000 should be reported as a current liability at December 31, 2021, the end of the fiscal year?