Provision for warranty - 42,000
Provision for warranty includes P20,000 estimated to be incurred beyond one year. How much will be the current liability? 

al ts a S Instructions. Provided below is the trial balance of Kagura Corporation at December 31, 2021. In a workshee PAS 1. Account Acc.dep.-buildings Acc.dep-leased assets Acc.dep.-equipment Allowance for doubtful debts Bank loans Bank overdrafts Buildings, at cost Cash Debentures Deferred tax Deposits, at call Equipment Finished goods Goodwill Income tax payable Investments (FVTOCE) Investments revaluation reserve Land, at valuation Land revaluation reserve Lease liabilities Feased assets Other loans Patents Prepayments Provision for employment benefits Provision for restructuring Provision for warranty Raw materials Retained earnings Share capital Sundry creditors and accruals Sundry debtors Trade creditors Trade debtors Work in progress Uncamed revenue Cash surrender value of life insurance Bond sinking fund Investments (FVTPL) Land held for future use Treasury shares Bouds payable Discounts on bonds payable Advertising supplies Short-term subscription receivables Deposit to suppliers Total Debit 1,030,000.00. 175,000.00 36,000.00 8,275,000.00 1,042,000.00 2,530,000.00 52,000.00 250,000.00 775,000.00 110,000.00 141,000.00 490,000,00 320,000.00 2,417,000.00 151,000.00 40,000.00 20,000.00 80,000.00 270,000.00 50,000.00 40,000.00 35,000.00 10,000.00 107,000.00 18,476,000.00 Credit OCL CP NCP CP, NCP 120,000.00 310,000.00 3,726,000.00 80,000.00 2,215,000.00 50,000.00 Additional information: a. Bank loans and other loans are repayable beyond one year. b. P300,000 of the debentures is repayable within one year. c. Lease liabilities include P125,000 repayable within one year. d. Provision for employment benefits includes P192,000 payable within one year. e. The planned restructuring is intended to be completed within one year. f. Provision for warranty includes P20,000 estimated to be incurred beyond one year. 675,000.00 420,000.00 152,000.00 81,000.00 CLL NC350,000.00 25,000.00 575,000.00 275,000.00 982,000.00 42,000.00 1,481,000.00 3,500,000.00 TOP 715,000.00 TOP 1,677,000.00 19 25,000.00 1,000,000.00 18,476,000.00 al ts a S Instructions. Provided below is the trial balance of Kagura Corporation at December 31, 2021. In a workshee PAS 1. Account Acc.dep.-buildings Acc.dep-leased assets Acc.dep.-equipment Allowance for doubtful debts Bank loans Bank overdrafts Buildings, at cost Cash Debentures Deferred tax Deposits, at call Equipment Finished goods Goodwill Income tax payable Investments (FVTOCE) Investments revaluation reserve Land, at valuation Land revaluation reserve Lease liabilities Feased assets Other loans Patents Prepayments Provision for employment benefits Provision for restructuring Provision for warranty Raw materials Retained earnings Share capital Sundry creditors and accruals Sundry debtors Trade creditors Trade debtors Work in progress Uncamed revenue Cash surrender value of life insurance Bond sinking fund Investments (FVTPL) Land held for future use Treasury shares Bouds payable Discounts on bonds payable Advertising supplies Short-term subscription receivables Deposit to suppliers Total Debit 1,030,000.00. 175,000.00 36,000.00 8,275,000.00 1,042,000.00 2,530,000.00 52,000.00 250,000.00 775,000.00 110,000.00 141,000.00 490,000,00 320,000.00 2,417,000.00 151,000.00 40,000.00 20,000.00 80,000.00 270,000.00 50,000.00 40,000.00 35,000.00 10,000.00 107,000.00 18,476,000.00 Credit OCL CP NCP CP, NCP 120,000.00 310,000.00 3,726,000.00 80,000.00 2,215,000.00 50,000.00 Additional information: a. Bank loans and other loans are repayable beyond one year. b. P300,000 of the debentures is repayable within one year. c. Lease liabilities include P125,000 repayable within one year. d. Provision for employment benefits includes P192,000 payable within one year. e. The planned restructuring is intended to be completed within one year. f. Provision for warranty includes P20,000 estimated to be incurred beyond one year. 675,000.00 420,000.00 152,000.00 81,000.00 CLL NC350,000.00 25,000.00 575,000.00 275,000.00 982,000.00 42,000.00 1,481,000.00 3,500,000.00 TOP 715,000.00 TOP 1,677,000.00 19 25,000.00 1,000,000.00 18,476,000.00