Question: McDonalds has a long-term notes payable with a principal balance of $132,000,000 as of December 31, 2020. Of the total principal balance of the loan,

 McDonalds has a long-term notes payable with a principal balance of

McDonalds has a long-term notes payable with a principal balance of $132,000,000 as of December 31, 2020. Of the total principal balance of the loan, $12,000,000 is due and payable within the next twelve months during 2021. In McDonalds' December 31, 2020 balance sheet, the Current Portion Long-term Debt account should show what balance? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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