On January 4, 2012, Kiley Co. leased a building to Dodd Corp. for a ten-year term at an annual rental of $100,000. At inception of the lease, Dodd received $400,000 covering the first two years' rent of $200,000 and a security deposit of $200,000. This deposit will not be returned to Dodd upon expiration of the lease but will be applied to payment of rent for the last two years of the lease. What portion of the $400,000 should be shown as a current and long-term liability in Kiley's December 31, 2012 balance sheet?

A) (Current Liability): $200,000; (Long-term Liability): $200,000

B) (Current Liability): $200,000; (Long-term Liability): $100,000

C) (Current Liability): $100,000; (Long-term Liability): $200,000

D) (Current Liability): $0; (Long-term Liability): $400,000