Current Attempt in Progress

On December $31,2023,$ Concord Ltd$.$ has $$3149000$ in short$-$term notes payable due on February $14,2024.$ On January $10,2024,$ Concord arranged a line of credit with Caldi Bank, which allows Concord to borrow up to $$2004000$ at $3\%$ above the prime rate for three years. On February $2,2024,$ Concord borrowed $$1396000$ from Caldi Bank and used $$608000$ additional cash to liquidate $$2004000$ of the short$-$term notes payable. Assuming Concord adheres to IFRS, the amount of the short$-$term notes payable that should be reported as current liabilities on Concord's December $31,2023$ statement of financial position $($to be issued on March $5,2024)$ is

$$ $$1396000.$

$$608000.$

$$3149000.$

$$0.$