Current Attempt in Progress On January 1, 2025, the ledger of Sandhill Co. contained these liability accounts. During January, the following selected transactions occurred. Jan. 1 5 Sold merchandise for cash totaling $6,360, which includes 6% sales taxes. 12 14 20 Borrowed $18,000 in cash from Apex Bank on a 4-month, 5\%, $18,000 note. Performed services for customers who had made advance payments of $13,600. (Credit Service Revenue.) Paid state treasurer's department for sales taxes collected in December 2024, \$8,700. Sold 710 units of a new product on credit at $54 per unit, plus 5% sales tax. During January, the company's employees earned wages of $60,000. Withholdings related to these wages were $4,590 for FICA, $4,300 for federal income tax, and $1,560 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. wages earned during January will be paid during February. No entry had been recorded for ayroll tax expense as of January 31. Prepare the current liabilities section of the balance sheet at January 31, 2025. Assume no change in Accounts Payable. SANDHILL CO. Balance Sheet (Partial) For the Year Ended January 31, 2025 Current Liabilities $