CALCULATOR VINTER WASTON BAR ES NI Problem 10-01A (Part Level Submission) On January 1, 2022, the ledger of Sandhil Cocontained these liability accounts. Accounts Payable Sales Taxes Payable Uneared Service Reveme $43,500 7,600 20,000 1 During January, the following selected transactions occurred. Jan. 1 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $10,000 note, 5 Sold merchandise for cash totalino $5,300, which includes 6% sales taxes 12 Performed services for customers who had made advance payments of $10,000. (Credit Service Revie) 14 Pald state treasurer's department for sales taxes collected in December 2021, 57,600 20 Sold 600 units of now product on credit at $46 per unit, plus 6% sales tax. During January, the company's employees camed wages of 16,000. Withholdings related to these wages were $6,579 for Social Security (FICA), $5,207 for federal income tax, and $1,562 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Asume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expense as of January 21 Study s Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in Accounts Payable. 2 SANDHILL CO. Balance Sheet (Partial) dy