On Jamuary 1. 2022, the ledger of Waterway Company contains these liablity accounts. During January, these selected transactions occurred. Jan.S Sold merchandise for cash totaling $20.520, which includes 8% sales taxes. 12 Performed services for customers whohad made advance pavments of $11,000. (Credit Service Revenue) 14. Paid state revenue department for sales taxes collected in December 2021 (\$7.200). 20 . Sold 900 units of a new product on credit at $50 per unit, plus 8% sales tax. This new product is subject to a 1 -year warranty. 21 Borrowed $31,500 from Girard Bank on a 3.month, 8%,$31,500 note. 25 Sold merchandise for cach totaling $9,936, which includes 8% sales taxes. (Credit deceunt titlet are astomatically indented when amount it enfered. Do not indent maniodix Recard jeornal roteles in the arder pretenter in ithr nrabiem.) Prepare the current labilities iectlon of the balance sheet at Janugry 31.2022. Assume no change in accounts paryabie