On Jamuary 1,2022, the ledger of Oriale Company conta ined these liability accounts. During Januan the following gelected transactions occurred. ian. 1 Borrowed $18,000 in cach from Apex Bank on a 4 month, 5\%, $18,000 note. 5 Sold merchandlee for cash totaling \$5,724, which includes 6% sales taxes. 12 Perfornod servicts for cuttomers who had made advance payments of $10,400. (Credit Service Revenue] 14 Paid state treasurer's department for sales tanes collected in December 2021.57,100. 20 Sold 550 units of a new product on credit at 545 per unit, plus 6% sales tax. During Jaruary, the companys emoloyees exned wages of $76,000. Withholdings related to these wages were \$5,814 for Social Security (FICA), \$5.214 for federal income tax and \$1.564 foe state income tax. The company omed no moner retated to these taminss for foderator state unernploment tax. Assume that wages earned during Januiry will be pald during February No entry had been recorded for woges or purroll tax expense as of January 31 . Journalize the Jasury tramactions: iCredit octount tities are outomotically indented when amount is entered. Do not indent menuolly, Record journal entries in the onder presented in the problem. Round answen to neorest whole doller amount, es 5.275) Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in Accounts Payable