The following are the transactions of Spotlighter, Inc., for the month of January a. Borrowed $3,940 from a local bank on a note due in six months.

b. Received $4,630 cash from investors and issued common stock to them.

c. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year.

d. Paid $300 cash for supplies.

e. Bought and received $700 of supplies on account.

Prepare a classified balance sheet for Spotlighter Inc., as of January 31.