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Based on the following information as of December 31: Postdated check $750 Employee travel advance 450 Checking account balance 3500 Savings account balance 2500 Bank

Based on the following information as of December 31:

Postdated check $750

Employee travel advance 450

Checking account balance 3500

Savings account balance 2500

Bank overdraft 500

Certificate of deposit 750

Cash on hand 2500

Petty cash fund 250

Bank draft 1250

Required:

Compute the total amount that will appear for current assets on the December 31 balance sheet.

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