The bookkeeper for Marin Company has prepared the following balance sheet as of July 31, 2025. Marin Company Balance Sheet As of July 31, 2025 Cash $84,180 Notes and accounts payable $53,680 Accounts receivable (net) 49.410 Long-term liabilities 91,500 Inventory 73,200 Stockholders' equity 189,500 Equipment (net) 102,480 $334,680 Patents 25,410 $334,680 The following additional information is provided. 1. 2. 3. Cash includes $1,464 in a petty cash fund and $18,300 invested in a 24-month certificate of deposit. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $53,680 and (b) allowance for doubtful accounts $4,270. Inventory costing $6,466 was shipped out on consignment on July 31, 2025. The ending inventory balance does not include the consigned goods. Receivables in the amount of $6,466 were recognized on these consigned goods. 4. Equipment had a cost of $136,640 and an accumulated depreciation balance of $34,160. 5. Income taxes payable of $7,320 were accrued on July 31. Marin 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 amount. Prepare a corrected classified balance sheet as of July 31, 2025, from the available information, adjusting the account balances using the additional information. (List Current Assets in order of liquidity.