The bookkeeper for Pina Company has prepared the following balance sheet as of July 31, 2020. PINA COMPANY BALANCE SHEET AS OF JULY 31, 2020 Cash $ 70,640 Notes and accounts payable $ 45,640 Accounts receivable (net) 42,140 Long-term liabilities 76,640 Inventory 61,640 Stockholders' equity 157,140 Equipment (net) 84,000 $279,420 Patents 21,000 $279,420 The following additional information is provided. 1. Cash includes $1,200 in a petty cash fund and $11,630 in a bond sinking fund. 2. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $45,640 and (b) allowance for doubtful accounts $3,500. 3. Inventory costing $4,988 was shipped out on consignment on July 31, 2020. The ending inventory balance does not include the consigned goods. Receivables in the amount of $4,988 were recognized on these consigned goods. 4. Equipment had a cost of $113,640 and an accumulated depreciation balance of $29,640. 5. Income taxes payable of $6,000 were accrued on July 31. Pina 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, 2020, from the available information, adjusting the account balances using the additional information. (List Current Assets in order of liquidity)