V Inc.’s liabilities include the following: Accounts payable 500,000 Held for trading securities 1,000,000 Note payable (P1M due in XXXXXXXXXX,800,000 Unearned revenue 300,000 Dividends payable...

V Inc.’s liabilities include the following:

Accounts payable 500,000

Held for trading securities 1,000,000

Note payable (P1M due in 2022) 2,800,000

Unearned revenue 300,000

Dividends payable 800,000

Deferred tax liability 200,000

4. Compute the total current liabilities to be reported in the 2021 statement of financial position.