On January $1,2024,$ the general ledger of Big Blast Fireworks includes the following account balances:

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AccountsDebitCreditCash$$25,700$Accounts Receivable$46,000$Allowance for Uncollectible Accounts$$$$4,100$Inventory$49,000$Land$90,100$Accounts Payable$25,700$Notes Payable $(6\%,$ due in $3$ years$)49,000$Common Stock$75,000$Retained Earnings$57,000$Totals$$210,800$$$210,800$

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The $$49,000$ beginning balance of inventory consists of $490$ units, each costing $$100.$ During January $2024,$ Big Blast Fireworks had the following inventory transactions:

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January $3$Purchase $1,750$ units for $$196,000$ on account $($$$112$ each$).$January $8$Purchase $1,850$ units for $$216,450$ on account $($$$117$ each$).$January $12$Purchase $1,950$ units for $$237,900$ on account $($$$122$ each$).$January $15$Return $195$ of the units purchased on January $12$ because of defects.January $19$Sell $5,700$ units on account for $$855,000.$ The cost of the units sold is determined using a FIFO perpetual inventory system.January $22$Receive $$837,000$ from customers on accounts receivable.January $24$Pay $$620,000$ to inventory suppliers on accounts payable.January $27$Write off accounts receivable as uncollectible, $$2,800.$January $31$Pay cash for salaries during January, $$138,000.$

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The following information is available on January $31,2024.$

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At the end of January, the company estimates that the remaining units of inventory purchased on January $12$ are expected to sell in February for only $$100$ each. $[$Hint: Determine the number of units remaining from January $12$ after subtracting the units returned on January $15$ and the units assumed sold $($FIFO$)$ on January $19.]$

The company records an adjusting entry for $$3,530$ for estimated future uncollectible accounts.

The company accrues interest on notes payable for January. Interest is expected to be paid each December $31.$

The company accrues income taxes at the end of January of $$14,200.$

$5.$ Prepare a classified balance sheet as of January $31,2024.($Amounts to be deducted should be indicated with a minus sign.$)$