On December $31,2023,$ Sandy Company has a Note Receivable of $$8,000.$ The note will be collected in installments. $$1,600$ is due on December $31,2024$ and $$1,600$ is due every year after December $31,2024.$ The classification of the note on Sandy Company's balance sheet at December $31,2023$ is:

A$.$ all $$8,000$ is a current asset.

B$.$ $$1,600$ is a current asset and $$6,400$ is a long$-$term asset.

C$.$ $$6,400$ is a current asset and $$1,600$ is a long$-$term asset.

D$.$ all $$8,000$ is a long $-$ term asset.