Randall Company reported the following as current for the year ended December 31, 2023:Cash and Cash equivalent80,000 Trade Accounts Receivable (due in 15 months)200,000 Note receivable (nontrade 10,000 due within 12 months)30,000 Non-trade Accounts Receivable (due in 13 months)235,000 Inventory, including inventory expected in the ordinary course of operations to be sold beyond 12 months amounting to P200,000500,000 Financial asset held for trading150,000 Financial asset at fair value through other comprehensive income90,000 Deferred Tax Assets75,000 Purchased shares of Taylor @Fair Value (1,000 shares)100,000 Trademark36,000 Land held for sale600,000 Building (net)850,000 Trade accounts payable122,000 Unearned income65,000 Provision for Warranties Liability67,000 Bonds Payable (due 2024)2,300,000 12% Notes Payable (issued last April 1, 2023 with annual interest payable every April 1)250,000 Deferred Tax Liability23,000 Discount on Bonds Payable150,000 The shareholder's Equity as of December 31, 2023 is as follows: Share Capital (50,000 shares) 1,000,000Share Premium 800,000Retained earnings 1,326,500 Last October 30 2023, the company declared a cash dividend of P25,000 payable on February 28, 2024 and a cash dividend of P3/share declared last November 30, 2023 payable on January 31 2024. Both declarations were unrecorded on the books as of the year end. The cost of the purchased Randall company shares was P80,000 as of December 31, 2023. Questions: 1. What amount is to be reported as current asset for the year ended December 31, 2023?2. What amount is to be reported as noncurrent asset for the year ended December 31, 2023?3. What amount is to be presented as current liabilities for the year ended December 31, 2023?4. What amount is to be presented as noncurrent liabilities for the year ended December 31, 2023?5. What is the total amount of shareholders equity as of December 31, 2023