On January $1,2025,$ ABC Company, a calendar$-$year company, issued $$2,000,000$ of notes payable, of which $$500,000$ is due on January $1$ for each of the next four years. What is the proper balance sheet presentation on December $31,2025?$

A$)$ Long$-$term debt $,$ $$2,000,000.$

B$)$ Current liabilities, $$500,000$; Long$-$term Debt, $$1,000,000.$

C$)$ Current liabilities, $$500,000$; Long$-$term Debt, $$1,500,000.$

D$)$ Current liabilities, $$2,000,000.$