On January 1, 2022, the ledger of Oriole Company contains these liability accounts. Accounts Payable $55,500 Sales Taxes Payable 7,300 Unearned Service Revenue 16,500 During January, these selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 12 14 2225 20 21 22 25 Performed services for customers who had made advance payments of $11,000. (Credit Service Revenue.) Paid state revenue department for sales taxes collected in December 2021 ($7,300). 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. Borrowed $24,750 from Girard Bank on a 3-month, 8%, $24,750 note Sold merchandise for cash totaling $7.560, which includes 8% sales taxes.