Delta Automotive Corporation has the following assets listed in its 12/31/2021 trial balance:

Cash in bankchecking account	$	41,500
U.S. Treasury bills (mature in 60 days)*		9,000
Cash on hand (currency and coins)		3,250
U.S. Treasury bills (mature in six months)*		29,000
Undeposited customer checks		3,740

*Purchased on 11/30/21

Required: 1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2021 balance sheet.