On January 1, 2015, the ledger of Accardo Company contains the following liability accounts. $52,790 Accounts Payable 7,830 Sales Taxes Payable 15,790 Unearned Service Revenue During January, the following selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $13,608, which includes 8% sales taxes 12 Performed services for customers who had made advance payments of $11,060. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2014 ($7,830). 20 Sold 1,000 units of a new product on credit at $50 per unit, plus 8% sales tax. 21 Borrowed $22,500 from Girard Bank on a 3-month, 8%, $22,500 note. 25 Sold merchandise for cash totaling $8,856, which includes 8% sales taxes