Current Attempt in Progress

The controller for Clint Eastwood Co$.$ is attempting to determine the amount of cash to be reported on its December $31,2025,$ balance sheet. The following information is provided.

$1.$ Commercial savings account of $$600,000$ and a commercial checking account balance of $$900,000$ are held at First National

Bank of Yojimbo.

$2.$ Money market fund account held at Volonte Co$.($a mutual fund organization$)$ permits Eastwood to write checks on this balance, $$5,000,000.$

$3.$ Travel advances of $$180,000$ for executive travel for the first quarter of next year $($employee to reimburse through salary reduction$).$

$4.$ A separate cash fund in the amount of $$1,500,000$ is restricted for the retirement of long$-$term debt.

$5.$ Petty cash fund of $$1,000.$

$6.$ An I.O$.$U$.$ from Marianne Koch, a company customer, in the amount of $$190,000.$

$7.$ A bank overdraft of $$110,000$ has occurred at one of the banks the company uses to deposit its cash receipts. At the present time, the company has no deposits at this bank.

$8.$ The company has two certificates of deposit, each totaling $$500,000.$ These CDs have a maturity of $120$ days.

$9.$ Eastwood has received a check that is dated January $12,2026,$ in the amount of $$125,000.$

$10.$ Eastwood has agreed to maintain a cash balance of $$500,000$ at all times at First National Bank of Yojimbo to ensure future credit availability.

$11.$ Eastwood has purchased $$2,100,000$ of commercial paper of Sergio Leone Co$.$ which is due in $60$ days.

$12.$ Currency and coin on hand amounted to $$7,700.$

$($b$)$ Indicate the proper reporting for items that are not reported as cash and cash equivalents on the December $31,2025,$ balance sheet