Delta Automotive Corporation has the following assets listed in its 12/31/2024 trial balance: Cash in bankchecking account $ 33,500 U.S. Treasury bills (mature in 60 days)*Footnote asterisk 6,000 Cash on hand (currency and coins) 2,450 U.S. Treasury bills (mature in six months)*Footnote asterisk 21,000 Undeposited customer checks 2,940 *Footnote asteriskPurchased on 11/30/2024

Required:

1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2024 balance sheet.
2. For each of the items not included in your answer to requirement 1, select the correct classification of the item.