Delta Automotive Corporation has the following assets listed in its 12/31/2024 trial balance:

Cash in bankchecking account	$ 38,500
U.S. Treasury bills (mature in 60 days)*	6,000
Cash on hand (currency and coins)	2,950
U.S. Treasury bills (mature in six months)*	26,000
Undeposited customer checks	3,440

*Purchased 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.

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. Complete this question by entering your answers in the tabs below. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2024 balance sheet. Required: 1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2024 balanc sheet. 2. For each of the items not included in your answer to requirement 1 , select the correct classification of the item. Complete this question by entering your answers in the tabs below