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je xle is the controlero Martine Corporation and is responsible for the preparation of the mention December 31, 2020 Martinez regrestancial statements in accordance with

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je xle is the controlero Martine Corporation and is responsible for the preparation of the mention December 31, 2020 Martinez regrestancial statements in accordance with ASHE. The followtration occurred on the Year 1 2 3 On December 20, 2020, an employee filed a teal actionalist Martinez for $200.000 for wrong di Mariagement believes the action to be frivolous and without merit. This opinion is shared by the corporate lawyer involved in the matter The likelihood of payment to the employee is remote Binues to key employees based on net income for 2020 are estimated to be $200.000 On December 1, 2020, the company borrowed 51032.000 a 5% per year. Interestis ad quarterly Credit sales for the year amounted to 512 million Martinez's expense provision for doubtful account is estimated to be 2% of credit sales On December 15, 2020, the company declared a 5205 per common share dividend on the 45.000 coin shares outstanding, to be paid on January 5.2021 14. S. 6. 7. During the year, customer advances of $190,000 were received: 554.000 of this amount was earned by December 31, 2020 Late in December 2020. Martinez received a notice of assessment for its 2019 income tax filing. The Canada Revenue Agency disallowed a deduction claimed by Martinez and an additional $8,000 of income taxes are owing and will be paid in early January 2021 For each item above, indicate the dollar amount to be reported as a current bity. Round onwers to decimal places 5.752) No. Amount 1 $ 2 $ 3. $ 4. $ $ 5. $ 6. $ 7. s

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