On January 1, 2024, the general ledger of Freedom Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Buildings Accumulated Depreciation Accounts Payable Common Stock Retained Earnings Totals Debit $ 12,800 Credit 37,200 $ 3,400 153,600 83,300 136,000 11,200 35,300 216,000 157,000 $ 422,900 $ 422,900 During January 2024, the following transactions occur: January 1 Borrow $116,000 from Captive Credit Corporation. The installment note bears interest at 6% annually and matures in 5 years. Payments of $2,243 are required at the end of each month for 60 months. January 4 Receive $32,600 from customers on accounts receivable. January 10 Pay cash on accounts payable, $27,000. January 15 Pay cash for salaries, $30,500. January 30 Firework sales for the month total $210,200. The cost of the units sold is $120,500. January 31 Pay the first monthly installment of $2,243 related to the $116,000 borrowed on January 1. 3. Prepare an adjusted trial balance as of January 31, 2024, after updating beginning balances (above) for transactions during January (requirement 1) and adjusting entries at the end of January (requirement 2). (Do not round Intermediate calculations.) FREEDOM FIREWORKS Adjusted Trial Balance January 31, 2024 Accounts Debit Credit