An entity has the following accounts and their balances

Cash 1,000,000 Accounts payable 1,700,000

Accounts receivable 2,700,000 Income tax payable 800,000

Allow. for bad debts (250,000) Accrued liabilities 60,000

Cash dividends

Inventories 600,000 payable 150,000

Held for trading securities 200,000 Bonds payable 3,000,000

Investment in bonds Discount on bonds

(amortized cost) 2,000,000 payable (200,000)

Advances to suppliers 50,000 Warranty obligation 800,000

Prepaid supplies 80,000 Unearned revenue 360,000

Biological assets 300,000 Share capital 2,000,000

Investment property 200,000 Share premium 500,000

Investment in associate 180,000 Retained earnings 830,000

Property, plant & Equipment 2,140,000

Cash surrender value 800,000

Total assets 10,000,000 Total liab. & equity 10,000,000

Requirement: Compute for the net monetary items.