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PLEASE HELP CC Company has the following information available as of December 31,...

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Accounting

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CC Company has the following information available as of December 31, 2019: 15% Note payable (due January 31, 2020) 650,000 14% Note payable 100,000 13% Note payable (due June 30, 2021) 210,000 12% Note payable (due December 1, 2020) 180,000 11% Note payable 430,000 Additional information: 14% note payable - on December 31, 2019, the entity has the discretion to refinance the note for another 12 months from the date of original maturity. 13% note payable - CC failed to comply with the requirements of the contract, thus there was a breach 12% note payable - On February 1, 2020, before the 2019 financial statements were issued, the note payable was replaced by 2-year note for the same amount. 11% note payable - On December 31, 2019, the entity plans to negotiate a written agreement with its creditor to replace the note with a 16- month, P430,000, 8% note to be issued on January 3, 2020. Compute for the liabilities to be classified as current

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