On January 1, 2024, the general ledger of Freedom Fireworks includes the following account balances: During January 2024, the following transactions occur: January 1 Borrow $110,000 from Captive Credit Corporation. The installment note bears interest at 68 annually and matures in 5 years. Payments of $2,127 are required at the end of each month for 60 months. January 4 Receive $32,000 from customers on accounts receivable. January 10 Pay cash on accounts payable, $21,000. January 15 Pay cash for salaries, $29,900. January 30 Firework sales for the month total $200,600. The cost of the units sold is $117,500. January 31 pay the first monthly installment of $2,127 related to the $110,000 borrowed on January 1 . 5. Prepare a classified balance sheet as of January 31, 2024. (Amounts to be deducted should be indicated with a minus sign. Do not round intermediate calculations.)