On January 1, 2022, the ledger of Vaughn Company contains these liability accounts. During January, these selected transactions occurred. Jan. 5 Sold merchandise for cash totaling \$20,520, which includes 8% sales taxes. 12 Performed services for customers who had made advance payments of $10,500. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2021($8,100). 20 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. 21 Borrowed $22,500 from Girard Bank on a 3-month, 8%,$22,500 note. 25 Sold merchandise for cash totaling $8,532, which includes 8% sales taxes. Prepare the current liabilities section of the balance sheet at January 31, 2022. Assume no change in accounts payable