Blue Spruce Corp. issued a five-year interest-bearing note payable for $348000 on January 1, 2019. Each January the company is required to pay $70000 on the note. How will this note be reported on the December 31, 2020, balance sheet? O Long-term debt, $278000 O Long-term debt, $208000; Long-term Debt due within one year, $70000 O Long-term debt, $348000 O Long-term debt of $278000; Long-term Debt due within one year, $70000 Indigo Corporation issues 6100, 10-year, 8%, $1000 bonds dated January 1, 2020, at 98. The journal entry to record the issuance will show a O debit to Discount on Bonds Payable for $122000. O debit to Cash of $6100000. credit to Bonds Payable for $5978000. O credit to Cash for $5978000.