Purest Owes $1 Million That Is Due on February 28

Multiple Choice

Purest owes $1 million that is due on February 28.The company borrows $800,000 on February 25 (5-year note) and uses the proceeds to pay down the $1 million note and uses other cash to pay the balance.How much of the $1 million note is classified as long-term in the December 31 financial statements?

A) $1,000,000.
B) $0.
C) $800,000.
D) $200,000.