Problem 10-1A (Part Level Submission) On January 1, 2014, the ledger of Shumway Company contains the following liability accounts Accounts Payable Sales Taxes Payable Unearned Service Revenue $54,230 7,540 16,900 During January, the following selected transactions occurred. Jan. 5 Sold merchandise for cash totaling $21,935, which includes 7% sales taxes. 12 Provided services for customers who had made advance payments of $11,940. (Credit Service Revenue.) 14 Paid state revenue department for sales taxes collected in December 2013 ($7,540) 20 sold 585 units of a new product on credit at S50 per unit, plus 7% sales tax 21 Borrowed $22,500 from DeKalb Bank on a 3-month, 896, $22,500 note. 25 Sold merchandise for cash totaling $12,947, which includes 7% sales taxes