Kline Company Refinanced Current Debt as Long-Term Debt on January

Multiple Choice

Kline Company refinanced current debt as long-term debt on January 5, 2014. Kline's fiscal year ended on December 31, 2013, and its financial statements will be issued sometime in early March 2014. Under IFRS, how would Kline classify the debt on its December 31, 2013, balance sheet?

A) In the "mezzanine" between current and noncurrent liabilities.
B) Kline would not classify the debt as current or noncurrent, but rather would write a disclosure note explaining the circumstances.
C) As a noncurrent liability.
D) As a current liability.