Verona Ca$.$ had $$500,000$ in short$-$term liabilites at the end of the current year. Verona issued $$400,000$ of common stock subsequent to the end of the year, but betore the financial statements were issued The proceeds from the slock issue were intended to be used to pay the short$-$lerm debt. What amount should Verona report as a short$-$derm liablity on its batance sheet at the end of the current year?

A$.$ $$0$

B$.$ $$100,000$

C$.$ $$400,000$

D$.$ $$500,000$