Lujie Xie is the controller of Ayayai Corporation and is responsible for the preparation of the year-end financial statements on December 31, 2020. Ayayai prepares financial statements in accordance with ASPE. The following transactions occurred during the year: 1. On December 20, 2020, an employee filed a legal action against Ayayai for $110,000 for wrongful dismissal. Management 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. 2. Bonuses to key employees based on net income for 2020 are estimated to be $160,000. 3. On December 1, 2020, the company borrowed $912,000 at 5% per year. Interest is paid quarterly. 4. Credit sales for the year amounted to $11 million. Ayayai's expense provision for doubtful accounts is estimated to be 2% of credit sales. 5. On December 15, 2020, the company declared a $2.01 per common share dividend on the 41,000 common shares outstanding, to be paid on January 5, 2021. 6. During the year, customer advances of $170,000 were received: $51,000 of this amount was earned by December 31, 2020. 7. Late in December 2020, Ayayai received a notice of assessment for its 2019 income tax filing. The Canada Revenue Agency disallowed a deduction claimed by Ayayai and an additional $5,000 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 liability. (Round answers to 0 decimal places, e.g. 5,752.) Iteam No. Amount 1. $ 2. $ 3. $ 4. 5. $ $ 6. $ 7. $