On December 31, 2021, Sampaguita Company provided the following information: Accounts Payable, including advances from customers of P50,000 = 450,000 Deferred advertising income = 30,000 Mortgage...

On December 31, 2021, Sampaguita Company provided the following information:

Accounts Payable, including advances from customers of P50,000 = 450,000
Deferred advertising income = 30,000
Mortgage payable = 2,000,000
Estimated damages payable by reason of breach of contract = 220,000
Claim for increase in wages by employees covered in pending lawsuit = 1,600,000
Share dividend payable = 300,000
Percentage Taxes Payable =16,000
Bonds Payable, due May 2022 = 3,000,000
Discount on Bonds Payable  = 60,000
Compute total current liabilities on December 31, 2021.