Question: list On December 1 , 2 0 2 5 , Modern Dining Products borrowed $ 8 2 , 0 0 0 on a 7 %

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On December 1,2025, Modern Dining Products borrowed $82,000 on a 7%,8- year note with annual installment payments of $10,250 plus interest due on December 1 of each succeeding year. On December 1, the principal amount was recorded as a long - term note payable. What amount of the note payable will be shown as current portion of Long - Term Note Payable on the Balance Sheet as of December 31,2025.(Round answer to nearest whole number.)
A. $5,740
B. $15,990
C. $20,500
D. $10,250
 list On December 1,2025, Modern Dining Products borrowed $82,000 on a

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