Case 

8. The Company provided the following information:

 Statement of Financial Position For the year ended December 31, 2021

Current assets P 44,300   Current liabilities P66,600

Long-term investments 13,600   Long term liabilities 24,100
Property and Equipment 123,500   Contributed Capital 17,000
Intangible assets 7,700   Unrealized Capital 22,500
Other assets 13,600   Retained earnings 72,500
Total Assets 202,700   Total Liab and Equity 202,700
 

The following information is also available:

1.       Current assets include cash P3,800, accounts receivables

P18,500, note receivables (maturity date is on July
1, 2023) P10,000 and land P12,000.

2.       Long term investments include a P4,600 investment in fair value

though other comprehensive income securities that is expected to be
sold in 2022 and a P9,000 investment in AllDay company bonds that
are expected to be held until their December 31, 2029 maturity date.
3.       Property and equipment include buildings costing P63,400,
inventories costing P30,500 and equipment costing P29,600.
4.       Intangible assets include patents that cost P8,200 and on
which P2,300 amortization have accumulated,
and treasury shares that costs P1,800.

5.       Other assets include prepaid insurance (which expires on November

30, 2022) P2,900, sinking fund for
bond retirement P7,000 and trademarks that cost P5,200 and on which 
P1,500 amortization has accumulated.

6.       Current liabilities include accounts payable P19,400, bonds payable

(maturity date December 31, 2022)
P40,000, and accrued income taxes payable P7,200.

7.       Long-term liabilities include accrued wages P4,100 and mortgage

payable (which is due in five equal annual payments staring December
31, 2022) P20,000.

8.       Contributed capital includes ordinary shares P11,000 and preference shar
es P6,000.

9.       Unrealized capital includes premiums on bonds payable P4,300,

premium on preference shares P2,400,
 premium on ordinary shares P14,700 and unrealized increase in val
ue of trading securities P1,100.
10.   Retained earnings includes unrestricted retained earnings,
P37,800, allowance for doubtful accounts P700 and accumulated
depreciation on buildings and equipment of P21,000
and P13,000, respectively.
 

Based on the above data,
compute for the following as of December 31, 2021:

17.   Current assets

18.   Current liabilities

19.   Total Noncurrent liabilities

20.   Total shareholder’s equity