I need to find out if my answer is correct, please help?

-Bombay Inc. had a $1,500,000 note payable outstanding on Dec. 31,2011 that due on July 31, 2012. Bombay barrowed the money to finance construction of a new plant but planned to refinance the note by issuing long-term bonds. Bombay used its excess cash and prepaid $500,000 on the note on Jan. 23, 2012. In February 2012, Bombay completed a $3,000,000 bond offering, and will use the proceeds to repay the note payable at its maturity and to pay construction costs during 2012. On March 13, 2012, Bombay issued its 2011 financial statements. What amount of the note payable should Bombay include in the current liabilities section of its Dec.31,2011 balance sheet?

A- $1,000,000

B- $1,500,000

C- $0

D- $500,000