[The following information applies to the questions displayed below.] On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	44,300
Accounts Receivable		47,700
Supplies		9,100
Equipment		80,000
Accumulated Depreciation				$	10,600
Accounts Payable					16,200
Common Stock, $1 par value					16,000
Additional Paid-in Capital					96,000
Retained Earnings					42,300
Totals	$	181,100		$	181,100

During January 2018, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide services to customers on account, $18,800. January 10 Purchase additional supplies on account, $6,500. January 12 Repurchase 1,100 shares of treasury stock for $19 per share. January 15 Pay cash on accounts payable, $18,100. January 21 Provide services to customers for cash, $50,700. January 22 Receive cash on accounts receivable, $18,200. January 29 Declare a cash dividend of $0.20 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 16,000 shares outstanding on January 1, 2018 and dividends are not paid on treasury stock.) January 30 Reissue 700 shares of treasury stock for $21 per share. January 31 Pay cash for salaries during January, $43,600.

5. Prepare a classified balance sheet as of January 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) GRAND FINALE FIREWORKS Classified Balance Sheet January 31, 2018 Assets Liabilities Total current liabilities 0 Stockholders' Equity Total current assets Total stockholders' equity 0 0 Total liabilities and stockholders' equity Total assets