On January 1, 2022, Crane Company's accounting records contained these liability accounts.

Accounts Payable		$44,900
Sales Taxes Payable		9,000
Unearned Service Revenue		21,400

During January, the following selected transactions occurred.

Jan. 1		Borrowed $18,000 in cash from Apex Bank on a 4-month, 5%, $18,000 note.
5		Sold merchandise for cash totaling $5,406, which includes 6% sales taxes.
12		Performed services for customers who had made advance payments of $13,600. (Record Service Revenue.)
14		Paid state treasurers department for sales taxes collected in December 2021, $9,000.
20		Sold 740 units of a new product on credit at $50 per unit, plus 6% sales tax.

During January, the companys employees earned wages of $75,300. Withholdings related to these wages were $5,760 for FICA, $5,379 for federal income tax, and $1,614 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during January will be paid during February. Wages or payroll tax expense have not been recorded as of January 31.

Assets Cash + Accts. Rec. = Notes Pay. Bal. $ $ $ Jan. 1 Jan. 5 Jan. 12 Jan. 14 Jan. 20 Adj. Jan. 31 Jan. 31 Jan. 31 Bal. + Acct. Pay. + Salaries & Wages Pay. Unearned Serv. Rev. $ CA $ $ Liabilities Sales Taxes Pay. + Interest Pay. + FICA Taxes Pay. $ $ LA $ Fed. Inc. Taxes Pay. St. Inc. Taxes Pay. + State Unemp. Taxes Pay. $ $ $ Stockholders' Equity Paid-in-Capital Retained E F Common Stock Revenue Expense $ $ $ Retained Earnings Dividend $