1. The $249,575 balance in the cash account includes the following items: - A commercial checking account at First Canyon Bank -Acertificateofdepositthatmaturesin30days-OverdraftbalanceinacommercialcheckingaccountatSecondCanyonBank-Amoneymarketfundwithcheckwritingprivileges-Acertificateofdepositthatmaturesin180days-Aseparatecashfundrestrictedforthepurchaseofanewaircraftin2years34,50018,00012550014,0005,700177,000 - Investments account includes the following items: -PurchasedcommercialpaperinFreeflyInc.duein27days10,5003.Thealrcraftaccountincludesa$152,500retiredalrplanewhichmanagementintendstosellinafewyearsandisnotcurrentlyinservice.8,55020,000 4. The notes payable account consists of the following separate notes: - A $20,000 note due in slx months - A $80,000 note due in slx years - A $2,203,200 note due in 360 equal monthly installments beginning January 31,2023 5. The common stock account represents 12,000 shares issued of $2 par value common stock. The company ls authorized to sell 30,000 shares and 10,000 shares are currently outstanding