Boyer International is currently preparing its financial statements for 2017. The company has several differ- ent sources of cash and is trying to decide how to classify them. The sources of cash follow: a. $30,000 in a checking account with The First National Bank. b. $3,000 in checks dated December 4, 2017, received from customers c. $250,000 in certificates of deposit through The First National Bank, which are to mature on November 15, 2020. $40,000 in a savings account with The First National Bank. $1,000 in the petty cash fund. As of December 31, 2017, there are receipts totaling $600 in the petty cash drawer. $50,000 held as a compensating balance for a loan with The First National Bank. The loan agreement requires Boyer International to maintain a compensating balance equal to 10 percent of the loan balance. During 2018, the outstanding principal balance will be reduced to $350,000. d. e. f. g. $8,000 in a checking account with Interstate Federal Savings Indicate how each source listed should be classified on the December 31, 2017, balance sheet.Explain each answe