The bookkeeper for Geronimo Company has prepared the following balance sheet as of July 31, 2017.

Cash $69,000	Notes & Accounts Payable $48,240
Accounts Recveivable (net) $40,500	Long-Term Liabilitities $78,170
Inventory $60,000	Stockholder's Equity $158,670
Equipment $84,000
Patents $21,000
Total Assets $274,500	Total Liabilities and Stockholders $274,500

The following information is provided:

1. Cash includes $1,200 in a petty cash fund and $15,000 in a bond sinking fund.

2. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $44,000 and (b) allowances for doubtful accounts $3,500.

3. Inventory costing $5,300 was shipped out on consignment on July 31, 2017. The ending inventory balance does not include the consigned goods. Receivables in the amount of $5,300 were recognized on these consigned goods.

4. Equipment had a cost of $112,000 and an accumulated depreciation balance of $28,000.

5. Income Taxes payable of $6,000 were accrued on July 31,. Geronimo Company, however, had set up a cash fund to meet this obligation. This cash fund was not included in the cash balance but was offset against the income taxes payable account.

Prepare a corrected classified balance sheet as of July 31, 2017, from the available information, adjusting the account balances using the additional information.

Can you show the calculations also, mainly cash?