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LICH CORP. and FURION INC. incorporated DOTA INC. to manufacture a microchip to be used by the incorporating entities as component for their final products

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LICH CORP. and FURION INC. incorporated DOTA INC. to manufacture a microchip to be used by the incorporating entities as component for their final products of cellular phones and tablets. The contractual agreement of the incorporating entities provided that the decisions on relevant activities of DOTA INC. will require the unanimous consent of both entities. LICH and FURION have rights to the assets and obligations for the liabilities, relating to the arrangement. The ordinary shares of DOTA will be owned by LICH and FURION in the ratio of 60:40. At the end of first operation of DOTA. the financial statements provided the followina data: The contractual agreement of LICH and FURION also provided for the following concerning the assets and liabilities of DOTA INC: - LICH owns the land and incurs the loan payable of DOTA INC. - FURION owns the building and incurs the note payable of DOTA INC. - The other assets and liabilities are owned or owed by LICH and FURION on the basis of their capital interest in DOTA INC. - The sales revenue of DOTA includes sales to LICH and FURION in the amount of P1,000,000 and P2,000,000, respectively. As of the end of the first year, LICH and FURION were able to resell 30% and 60% of the inventory coming from DOTA to third persons. REQUIREMENTS: What is the amount of total assets, total liabilities and sales revenue to be reported bv both LICH and FURION. respectivelv

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