Oct 4 at 12:45am Instructions Question 1 3 pts At the beginning of the year, a corporation had total assets of P4,000,000, total liabilities of P2,000,000 and total share capital of P800,000. During the year, the corporation earned a profit of P5,000,000 and paid cash dividends of P1,000,000. What is the amount of the total liabilities at the end of the year? O Cannot be Computed P2,000,000 O P6,000,000 P2,100,000