Determine the total current assets at December $31,2025.$

PROBLEM F The following selected account balances and supplcrnental information were taken from the accounting records Of F Company as Of December 31 , 2024: Sales Mortgage note payable Bank notes payable Accounts payable Share dividends distributable Withholding tax payable Other info rrnation: 300/100 270/100 200,100 a, Mortgage note was refinanced on its due date, February 15, 2025 With a new 5-year mortg. note after paying P300,OOO cash on the principal balance. "lhere was no unpaid intercst as Of December 31, 2024. b. Thc bank notes are payable in semi-annual installments of on February I and August I Of each year. Unpaid interest for 2024 Of 15,500 has not been taken up. Ihis was paid on January 5, 2025. c. On August I , 2024, a suit was filed by a dismissed ernployee against the company asking for Pl damages. company's lawyer believes it is probable that the suit Will result in a loss to the company, and the best estimate Of the obligation as Of Decernber 31, 2024 was P650,ooo. d. sales account included the 120/0 value added tax (V A l) corresponding to thc sale for the. Month of December of (mclusivc of VAT). was remitted to thc BIR on January 20, 2025. e. Total income tax due for 2024 amounted to Quarterly remittances to BIR during the year for income tax totaled to including payment Of on income tax related to the year 2024. "lhe balance due as Of December 31, 2024 has not yet been taken up in the books. REQUIREMENT: Determine thc total current liabilities at December 31 , 2024.