Cash on hand P 62,350

Cash in bank – BPI (savings) 1,720,500

Cash in bank – BPI (current) 1,890,234
Cash in bank – BDO (current) 567,891
Accounts receivable 8,341,689
Allowance for uncollectible accounts 347,182
Advances to employees 57,610
Loans receivable (due 2024) 9,827,341
Unearned interest income 1,234,819
Raw materials inventory 1,237,398
Work in process inventory 7,987,908
Finished goods inventory 12,892,309
Prepaid income tax 234,125
Prepaid supplies 890,239
Advances to suppliers 34,981
Financial assets at FV through profit or loss 2,834,079
Financial assets at FV through OCI 987,234
Investment in associate 1,290,347
Interest receivable (due March 1, 2022) 946,013
Land 8,980,751
Building  3,419,877
Accumulated depreciation – building 712,930
Equipment 917,387
Accumulated depreciation – equipment 234,125
Accounts payable 9,071,239
Accrued liabilities 889,712
Income tax payable 721,346
Deferred tax asset 1,092,387
Deferred tax liability 918,732
Loan payable (due 2022) 8,000,000
Discount on loan payable 746,252
Interest payable (due July 1, 2022) 341,782
Deferred credits 712,788
Provision for warranty obligations 432,187
Ordinary share capital 20,000,000
Share premium 6,000,000
Retained earnings – unrestricted 15,144,664
Retained earnings – restricted 1,200,000
Revaluation surplus 873,984
Unrealized gains on financial asset at FV through OCI 123,412