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Delta Automotive Corporation has the following assets listed in its 12/312021 trial balance: Cash in bank-checking account $22,500 4.5. Treasury bills (mature in 60 days)

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Delta Automotive Corporation has the following assets listed in its 12/312021 trial balance: Cash in bank-checking account $22,500 4.5. Treasury bills (mature in 60 days) 5,000 Cash on hand (currency and coins) 1,350 0.5. Treasury bills (mature in six months) 10,000 Undeposited customer checks 1,840 Purchased on 130/2021 Required: 1. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2021 balance sheet Cash and cash equivalents incides Ustreasury bits Undeposited customer checks Cash in tank checking account Total

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