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Delta Automotive Corporation has the following assets listed in its 12/31/2018 trial balance: Cash in bank-checking account U.S. Treasury bills (mature in 60 days) Cash

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Delta Automotive Corporation has the following assets listed in its 12/31/2018 trial balance: Cash in bank-checking account U.S. Treasury bills (mature in 60 days) Cash on hand (currency and coins) U.S. Treasury bills (mature in six months)* Undeposited customer checks $28,500 6,000 1,950 16,000 2,440 *Purchased on 11/30/18 Required: 1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2018 balance sheet. Cash and cash equivalents includes Total

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