content area top Part 1 On March 1, 2024, Barker Services issued a 2% longminusterm notes payable for $ 20 comma 000. It is payable over a 5minusyear term in $4 comma 000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2025. How will the notes payable be shown on the balance sheet dated December 31, 2024? Question content area bottom Part 1 A. $ 20 comma 000 shown as current liability only B. the entire $ 20 comma 000 shown as longminusterm liability C. $4 comma 000 shown as current liability and $ 20 comma 000 shown as longminusterm liability D. $4 comma 000 shown as current liability and $16 comma 000 shown as longminusterm liability