1. Paulo Company provided the following information on December 31, 2020: Notes Payable: Trade Bank Loans Advances from officers Accounts Payable - trade Bank overdraft Dividends Payable 3,000,000 2,000,000 500,000 4,000,000 300,000 1,000,000 Withholding Tax Payable 100,000 Mortgage Payable 3,800,000 Income Tax Payable 800,000 Estimated warranty liability 600,000 Estimated damages payable by reason of breach of contract 700,000 Accrued liabilities 900,000 Estimated premium liability 200,000 Claim for increase in wages by employees covered in a pending lawsuit 3.500.000 Contract entered into for the construction of building What is the total current liabilities on December 31, 2020? 5,000,000