identify the definition of current maturities of long term debt 598970

Identify the definition of current maturities of long-term debt.

1. Current maturities of long-term debt represent the portion of long-term debt that will be paid within the current fiscal year
2. Current maturities of long-term debt represent the half of the estimated portion of debt that will be paid within one year
3. Current maturities of long-term debt represent the portion of long-term debt that will be paid after one year
4. Current maturities of long-term debt represent the portion of long-term debt that will be paid within two years