Lettuce Company reported the following on December 31, 2021: Accounts Payable P1,000,000 Advances to Employees 45,000 Unearned Rent Revenue 300,000 Estimated Liability under 250,000 Warranties Cash surrender value of 75,000 Officer's Life insurance Bonds Payable 5,000,000 Discount on Bonds 500,000 Payable Trademark 50,000 1. At what amount should be reported as Total Liabilities in the Statement of Financial Position? 2. What amount should be reported as Current Liabilities in the Statement of Financial Position