The accounts and balances shown below were taken from ACCCOB2 Companys trial balance on December 31, 2020. 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, 2020 statement of financial position as current and non-current liabilities, respectively?

Group of answer choices

P866,000 and P648,000

P776,000 and P552,000

P916,000 and P648,000

P916,000 and P640,000