The following accounts were reported by an entity as of December 31, 2020: Accounts payable 390,000 Notes payable - trade 114,000 Notes payable - bank 480,000 Wages and salaries payable 9,000 Interest payable ? Mortgage notes payable - 10% 360,000 Mortgage notes payable - 12% 900,000 Bonds payable 1,200,000 Additional information are provided as follows: All trade notes payable are due within eight months from the end of the reporting period. Bank notes payable include two separate notes payable to A Bank: 1. A P130.000 3% note issued March 1, 2013. payable on demand. Interest is payable every six months. 2. A 1-year, P300000. 11.5% note issued January 2, 2020. On December 30. 2020, the entity successfully negotiated with the bank to replace the note with a 2-year P300.000, 10% note to be issued January 2. 2021. The interest was paid on December 31, 2020. The 10% mortgage note was issued October 1, 201?, with a term of 10 years. Terms of the note give the holder the right to demand immediate payment if the company fails to make a monthly interest payment within 10 days of the date the payment is due. As of December 31, 2020, the entity is three months behind in paying its required interest payment. However, a grace period for the principal until December 31, 2022 was granted by the creditor on January 10, 2021, before the financial statements were authorized for issuance. The 12% mortgage note was issued May 1, 2014, with a term of 20 years. Principal amount outstanding as of December 31, 2020 is P900000. Principal and interest payable annually on April 30. A payment of P132,000 is due April 30, 2021. The payment includes interest of P10B.000. The bonds payable is 10-year, 8% bonds. issued June 30, 2011. Interest is payable semi-annually every June 30 and December 31. Determine the correct amount to be reported as: [1) Total current liabilities as of December 31, 2020 [Select] v [2) Total non-current liabilities as of December 31, 2020 [Select] v