4. These are some information for the balance sheet as of December 31, 2019 of MUST Corp. Accounts payable, consisting of purchase of goods, P278,000 and cost of goods receivedon consignment of P22,000, total P300,000 Income tax due for 2019, (due and paid in the three (3) quarters of 2019, P87,500) 122,500 Stock dividends payable 60,000 Accrued expenses 7,800 Reserve for contingencies 20.000 Overdraft in Security Bank checking account 6,200 Based on the above information, how much is the total liabilities to be reported in the balance sheet as of December 31, 2019 of MUST Corp.? 5. The Cold Foods Corp. launched a sales promotion of its new product, Cold Candy. For every six (6) yellow wrappers returned one (1) ball pen is given as a price. It is estimated that only 40%% of the yellow wrappers of all sales of Cold Candy with yellow wrappers will be returned for the exchange with ball pen prize. Starting July 1, 2019, all Cold Candy to be sold will have blue wrappers. During the six (6) months period ending June 30, 2019: Sales of Cold Candy, yellow wrappers, 180,000 for P900,000. Ball pen given in exchange of returned wrappers, 4,000 costing P16,000. If all the estimated number of yellow wrappers to be returned are returned and the corresponding ball pen prizes be purchased and given to the customers returning the wrappers, how much is the amount of the purchase of the ball pen? Prepare all entries related to the above transactions affecting Cold Foods Corp