I was wondering if you could help me to find out thecorrected classified balance sheet entry for cash and accounts receivables. The following information is given:

The bookkeeper for Geronimo Company has prepared the following balance sheet as of July 31, 2014.

GERONIMO COMPANY BALANCE SHEET AS OF JULY 31, 2014
Cash	$72,040	Notes and accounts payable	$48,090
Accounts receivable (net)	44,590	Long-term liabilities	78,040
Inventory	63,040	Stockholders equity	158,540
Equipment (net)	84,000		$284,670
Patents	21,000
$284,670

The following additional information is provided.

1.	Cash includes $1,200in a petty cash fund and $15,230in a bond sinking fund.
2.	The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $48,090 and (b) allowance for doubtful accounts $3,500.
3.	Inventory costing $5,440was shipped out on consignment on July 31, 2014. The ending inventory balance does not include the consigned goods. Receivables in the amount of $5,440were recognized on these consigned goods.
4.	Equipment had a cost of $116,090and an accumulated depreciation balance of $32,090.
5.	Income taxes payable of $9,200were accrued on July 31. Geronimo Company, however, had set up a cash fund to meet this obligation. This cash fund was not included in the cash balance, but was offset against the income taxes payable amount.

Prepare a corrected classified balance sheet as of July 31, 2014, from the available information, adjusting the account balances using the additional information