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Problem 1-2 (IAA) Easy Company provided the following information o December 31, 2019: Notes payable:...

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Problem 1-2 (IAA) Easy Company provided the following information o December 31, 2019: Notes payable: 3,000,000 2,000,000 500,000 4,000,000 300,000 1,000,000 100,000 3,800,000 800,000 600,000 Estimated damages payable by reasori of breach of contract 700,000 Trade Bank loans Advances from officers Accounts payable - trade Bank overdraft Dividends payable Withholding tax payable Mortgage payable Income tax payable Estimated warranty liabilit Accrued liabilities Estimated premium liability Claim for increase in wages by employees covered in a 900,000 200,000 pending lawsuit 3,500,000 5,000,000 Contract entered into for the construction of building Required: Compute the total current liabilities on December 31, 2019. 10

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