The following items are related to RED's payroll as of December 31, 2021: Accrued Salaries and Wages 776,000 Payroll deductions for: Income taxes withheld 56,000 SSS Contributions 64,000 Phil health...

The following items are related to RED's payroll as of December 31, 2021: Accrued Salaries and Wages 776,000 Payroll deductions for: Income taxes withheld 56,000 SSS Contributions 64,000 Phil health Contributions 16,000 Advances to Employees 80,000 Required: How much is to be recognized as current liability?