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The accounts and balances shown below were taken from ACCCOB2 Companys trial balance on December 31, 2021. All adjusting entries have been made: Cash P

The accounts and balances shown below were taken from ACCCOB2 Companys trial balance on December 31, 2021. All adjusting entries have been made:

Cash

P 175,000

Prepaid rent

136,000

Inventory

820,000

Investment - FVPL

153,000

Accounts receivable

366,000

Sinking fund asset

525,000

Investment in associates

1,020,000

Property, plant & equipment, net

1,700,000

Patents, net

150,000

Wages payable

250,000

Dividends payable

140,000

Taxes payable

228,000

Accounts payable

248,000

Bonds Payable

648,000

How much should be reported in ACCCOB2s December 31, 2021 statement of financial position as current and non-current assets, respectively?

Group of answer choices

P1,800,000 and P2,225,000

P1,650,000 and P3,395,000

P1,800,000 and P3,795,000

P1650,000 and P2,375,000

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