pls include the notes

Problem 2-5 (IAA) Dakak Company provided the following statement of financial position on December 31, 2020: Current liabilities 2,500,000 Current assets 2, 700,000 6,600,000 Other liabilities 2,000,000 CA - Other assets Equity 4,800,000 9,300,000 9,300,000 Analysis of current assets discloses the following: Cash and cash equivalents 500,000 Financial assets held for trading 600,000 Accounts receivable 750,000 Inventories 850,000 2,700,000 * Other assets include: NLA Property, plant and equipment, cost P6,000,000 4,000,000 Advances to subsidiary ( in jubwill 2,250,000 Goodwill recorded on the books to cancel losses incurred by the entity in prior years + 350,000 Interpile pvet 6,600,000 * Current liabilities include: Accrued expenses 100,000 Customers' deposit . 400,000 y Advances from officer, not payable currently 200,000 Accounts payable 1,000,000 Note payable-bank due December 31, 2022 800,000 2,500,000 Other liabilities include: Bonds payable in annual installment of P500,000 2,000,000 * Share capital, 50,000 shares, P100 par, was originally issued and credited for a total consideration of P5,500,000 but the losses of the entity for past years were charged against the share capital balance. Required: Prepare a properly classified statement of financial position