The following additional information is provided. 1. Cash includes $1,392 in a petty cash fund and $17,400 invested in a 24 -month certificate of deposit. 2. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $51,040 and (b) allowance for doubtful accounts $4,060. 3. Inventory costing $6,148 was shipped out on consignment on July 31,2025 . The ending inventory balance does not include the consigned goods. Receivables in the amount of $6,148 were recognized on these consigned goods. 4. Equipment had a cost of $129,920 and an accumulated depreciation balance of $32,480. 5. Income taxes payable of $6,960 were accrued on July 31. Pearl 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.) The bookkeeper for Pearl Company has prepared the following balance sheet as of July 31, 2025 . The following additional information is provided. 1. Cash includes $1,392 in a petty cash fund and $17,400 invested in a 24 -month certificate of deposit. 2. The net accounts receivable balance is comprised of the following two items: (a) accounts receivable $51,040 and (b) allowance for doubtful accounts $4,060. 3. Inventory costing $6,148 was shipped out on consignment on July 31,2025 . The ending inventory balance does not include the consigned goods. Receivables in the amount of $6,148 were recognized on these consigned goods. 4. Equipment had a cost of $129,920 and an accumulated depreciation balance of $32,480. 5. Income taxes payable of $6,960 were accrued on July 31. Pearl Company, however, had set up a cash fund to meet this