Show the solution and computation

Problem 1 On December 31, 2020, Stranger, Inc. provided the following information: Accounts Payable, including advances from customers amounting to P250,000 980.000 Notes Payable, including note payable to bank due on December 31, 2022 of P1,000,000 2,500,000 Stock dividends payable 350,000 Credit balances in customers' accounts 125.000 Serial bonds payable in semiannual installments of 500,000 10,000,000 Accrued interest on bonds payable 170,000 Contested BIR tax assessments - possible obligation 530.000 Unearned rent income 170.000 Required: Compute the total current liabilities as of December 31, 2020. Show your computation