Mauldin Company makes sales on which a 5% sales tax is assessed. The following summary transactions were made during 2016:

1.	Sales for cash of $1,665,400, excluding sales taxes
2.	Sales on credit of $2,820,500, excluding sales taxes
3.	Sales taxes of $168,220 were paid to the state government during 2016

	Required:
1.	Prepare journal entries to record the preceding transactions.
2.	Show how the unpaid sales taxes would be reported on Mauldins December 31, 2016, balance sheet.