Required information

On January $1,2024,$ the general ledger of TNT Fireworks includes the following account balances:

During January $2024,$ the following trensactions occur:

January $1$ Purchase equipment for $$19,6$ee$.$ The company estimates a residual value of $$1,$ fea and a six$-$year service

life.

January $4$ Pay cash on accounts payable, $$9,6$ee$.$

January g Purchase additional inventory on account, $$83,980.$

January $15$ Receive cash on accounts receivable, $$22,190.$

January $19$ Pay cash for salarics, $$29,9$ee$.$

January $28$ Pay cash for January utilities, $$16,6$ea$.$

January $30$ Firework sales for January total $$221,$ eed. All of these sales are on account. The cost of the units sold is

$$115,5ee.$

Information for scjusting entries:

a$.$ Depreciation on the equipment for the month of Janusry is calculated using the straight$-$line method.

b$.$ The company records an adjusting entry for $$3,670$ for estimated future uncollectible accounts.

c$.$ The company has accrued interest on notes receivable for Jonuary.

d$.$ Unpaid salaries owed to employees at the end of January are $$32,700.$

e$.$ The company accrued income toxes at the end of January $$9,100.$

Prepare a classified balance sheet as of Jonuary $31,2024.$

Note: Amounts to be deducted should be Indicated by a minus sign.