The accounts below were taken from the unadjusted trial balance of Mae Company at December 31, 2019:

Cash P124,000

Equity Investments at fair value through profit or loss (at cost) 87,000

Notes Receivable 92,000

Trade accounts receivable 122,000

Allowance for uncollectible accounts 6,000

Employees income tax withheld 4,000

Notes Payable 150,000

Trade accounts payable 75,000

Merchandise Inventory 136,000

Bonds Payable 250,000

Share dividends distributable 15,000

Income tax payable 28,000

An analysis of the above accounts disclosed the following:

a) Bank overdraft of P13,000 was deducted from the cash balance.

b) Trade accounts receivable was net of customer's deposit of P7,000.

c) Merchandise purchased on account worth P15,000 received December 30,2019 was included in the inventory but was not recorded as a purchase.

d) Accounts payable was net of accounts with debit balance of P12,000.

e) A bank loan of P30,000 due December 31, 2022 was included in the notes payable balance.

f) Bonds payable that was issued in 2019 will mature in five annual installments beginning June 1, 2020.

g) The fair value of the equity investments at December 31, 2019 was P90,000.

1) How much total current liabilities should be reported on the statement of financial position as of December 31, 2019?