-> Moving to another question will save this response Question 16 of uestion 16 points Cod a wood supplier has $18.600.000 of notes payable due April 12.2022. At December 31, 2021. C.B. signed an agreement with the bank to borrow up to $11.600.000 to refinance the notes on a long term basis. The agreement specified that borrowings would not exceed of the value of the collateral that cos provided. At the date of of the December 31, 2021, financial statements, the value of Coll collateral was 319.200,000. Ons December 31, 2021. balance sheet.Ce should classify the notes as follows 52.750.000 long term and 515.810,000 currentes $18.600,000 of currenties $18.600,000 of long term abilities 516,200,000 long-term and 52,200,000 current Moving to another question will save this response Question of 10 MacBook Air 803 oga FE FA # $ 3 P 4 E % 5 & 7 0 6 V 8 A 9 9 0