A mortgage of $420,000 has principal pay'ts of $120,000 that are due within the nxt year. Remaining $300,000 is not due til after 1 yr.?

How is the mortgage shown on the balance sheet?

A. As a current liability of $420,000

B. As a long term liability of $420,000

C. As another liability of $420,000 with a footnote breaking out current and long term portions

D. As a current liability of $120,000 and long term liability of $300,000

E. As a disclosure item only