Cashmere Soap Corporation had the following items listed in its trial balance on 12/31/2024:

Currency and coins	$ 650
Balance in checking account	60,000
Customer checks waiting to be deposited	1,200
Treasury bills, purchased on 11/1/2024, mature on 4/30/2025	3,000
Marketable equity securities	10,200
Commercial paper, purchased on 11/1/2024, mature on 5/30/2025	5,000

Included in the checking account balance is $58,000 of restricted cash that Bank of the East requires as a compensating balance for the $600,000 note.

Required: What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?