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Sipag Co. reported the following current assets on December 31, 2022: * Cash in bank, net of 500,000 bank overdraft in another bank Accounts receivable
Sipag Co. reported the following current assets on December 31, 2022: * Cash in bank, net of 500,000 bank overdraft in another bank Accounts receivable Notes receivable Notes receivable discounted Inventory, including 300,000 expected to be sold in the ordinary course of business beyond 12 months Financial assets at Fair value through Protit or Loss Financial assets at Fair Value through Other Comprehensive Income Prepaid Expenses, including cash surrender value of 300,000 Deferred tax asset 1 point 4,000,000 7,500,000 2,000,000 500,000 4,500,000 1,000,000 1,500,000 500.000 2,500,000 Equipment classified as "held for sale" 3,000,000 The accounts receivable included customer's accounts at 5,000,000, net of customers' credit balances of 600,000, allowance for doubtful accounts of 500.000, and selling price of unsold goods out on consignment at a markup of 50% on cost and excluded from ending inventory of 3,000,000 What amount should be reported as total current assets on December 31, 2022? Your
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