On March 1, 2018, Barker Services issued a 4% long- term notes payable for $ 20, 000. It is payable over a 5-year term in $ 6, 000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. How will the notes payable be shown on the balance sheet dated December 31, 2018?

A. $6,000 shown as current liability and $14,000 shown as longterm liability

B.the entire $20,000 shown as longterm liability

C. $20,000 shown as current liability only

D.

$ 6,000 shown as current liability and $ 20,000 shown as longterm liability