Mill Company revealed the following account balances in December 31, 2016:

Accounts payable P 1,500,000

Bonds payable due 2017 2,500,000

Discount on bonds payable 300,000

Dividends payable 800,000

Note payable due 2018 2,000,000

What total amount should be reported as current liabilities?

a. P 4,500,000 c. P 6,500,000

b. P 5,100,000 d. P 7,800,000