Pieck Cart Company shows a balance of P2,411,400 in the Accounts Receivable account on December 31, 2019. The balance consists of the following.

Installment accounts due in 2020

P 230,000

Installment accounts due after 2020 (within the operating cycle)

340,000

Overpayments to creditors

26,400

Due from regular customers, of which 40,000 represents accounts pledged as security for a bank loan

890,000

Advances to employees

15,000

Advances to subsidiary (made in 2017)

910,000

Required: Illustrate how the information should be shown on the statement of financial position