Case w2, part 2-Cash and cash equivalents problem 1. On 1231/A6, the accountant is roconciling notes related to cant and cash-related boldings for Beco Corp. After scrutinizing cash receipts, bank accounts, and related information, you find the following in Bevo Corp's rocords and databases: - Cash and coin on premises of $5,350 - Chocks on hand totaled $40,000. Of this amount, $5,250 of ehecks were dated January 5,207. The rest were dated prior to December 31, 20x6. - Bevo Corp. dedacts travel afvances from futare paychecks, at 12/31/6 these totaled $2,000 to be deducted against employee salaries in January 207. - Bevo is due a tax refind of $5,500 but it won't be paid until 207 and holds dividend paying securities that will be paid dividends on January 1,207 in the amount of $3,000. - Bevo must set aside $300,000 of eash at all times in a legally-binding debt covenant attached to debn securities that will mature in three years. The company also has a similar legally-binding covenant of $150,000 attached to debt securities that will mature on 7/1/7. Both of these amounts are included in its money market account without check cashing privileges. - Bevo had an overdraft of $10,000. There were no compensating balances or protections on the account. Required: Creste a partial balance sheet classifying the information included above. There will be current assets, long-term assets as well as current liabilities, but you must also further classify within these broad categories where necessary (e.g, cash and cash equivalents, receivables, marketable securities (aka, shortterm investments), loag-term investments). Hint: Your final work should follow the formot of a balance sheet (with liquidity). For example: Balance Sheet at 12/31/6 For additional feedbock, I would need the components you placed within each categary rather than a full amount