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Assume the following accounts of CJE Corporation on December 31,2019: Accounts Payable 30,000 Income Tax Payable 400,000 Ordinary Share Capital 1,000,000 Mortgage payable (500,000 due

Assume the following accounts of CJE Corporation on December 31,2019:

Accounts Payable 30,000
Income Tax Payable 400,000
Ordinary Share Capital 1,000,000
Mortgage payable (500,000 due in six months) 4,000,000
Note Payable due January 31,2021 200,000
Share Premium 1,500,000
Preference Share Capital 4,500,000
Premium on Notes Payable 200,000
Unearned Rent Income 40,000
Employee income taxes witheld 12,500
Bank Overdraft at PNI Bank 76,000
Estimated expenses as a result of meeting warranties 115,000
Advances to subsidiary 54,000
Treasury Shares 150,000

Retained Earnings has the ff information for the year:

Retained Earnings - January 1,2019 2,250,000
Dividends - Ordinary 100,000
Dividends - Preference 200,000
Loss during the year 500,000
* All dividends are paid during the year

How much is the total liabilities to be reported in the Statement of Financial Position?

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