On January 1, 2022, the ledger of Cheyenne Corp. contained these liability accounts.

Accounts Payable		$51,600
Sales Taxes Payable		7,080
Unearned Service Revenue		16,700

During January, the following selected transactions occurred.

Jan. 1		Borrowed $28,800 in cash from Apex Bank on a 4-month, 5%, $28,800 note. Interest will be paid at maturity.
5		Sold merchandise for cash totaling $7,102, which includes 6% sales taxes.
12		Performed services for customers who had made advance payments of $10,000. (Credit Service Revenue.)
14		Paid state treasurers department for sales taxes collected in December 2021, $7,080.
20		Sold 600 units of a new product on credit at $48 per unit, plus 6% sales tax.

During January, the companys employees earned wages of $52,000. Withholdings related to these wages were $3,978 for FICA, $3,700 for federal income tax, and $1,100 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. No entry had been recorded for wages or payroll tax expense as of January 31.

Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in accounts payable.

Cheyenne Corp. Balance Sheet (Partial) January 31, 2022 Current Liabilities Accounts Payable $ 51,600 Sales Taxes Payable Unearned Service Revenue Notes Payable Interest Payable FICA Taxes Payable Federal Income Taxes Payable State Income Taxes Payable Salaries and Wages Payable Total Current Liabilities $