5 ABC Company is a trading business which requires nonrefundable advance payments before the goods are shipped to the customers. During 2021, the company presented you with the following information: Advances from customers, 12/31/2020 - 250,000 Cash receipts for 2021 - 1,820,000 Cash disbursements for 2021 - 1,510,000 Goods delivered during the year, at sales price - 1,250,000 Contracts canceled during the year - 100,000 How much is the current liability related to customer advances