The following are the transactions of Spotlighter, Incorporated, for the month of January.

1. Borrowed $4,740 from a local bank on a note due in six months.
2. Received $5,430 cash from investors and issued common stock to them.
3. Purchased $1,800 in equipment, paying $600 cash and promising the rest on a note due in one year.
4. Paid $700 cash for supplies.
5. Bought and received $1,100 of supplies on account.

Required: Prepare a classified balance sheet for Spotlighter, Incorporated, as of January 31.