. . PROBLEM 3: EXERCISES 1: Information from the records of Twilight Co. is shown below: Accounts receivable, net of P32,000 credit balance in customers' accounts 160,000 Notes receivable (trade) 16,000 Notes receivable (non-trade), P16,000 due one year 80,000 Dividends receivable 3,200 Subscriptions receivable 6,400 Advances to officers (due in 18 months) 12,800 Accounts payable - net of P19,200 debit balance in suppliers' accounts 9,600 . @ Requirements: Compute for (a) total trade receivables and (b) total current receivables