Exercise 7-02 Presented below are independent situations. For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $814,000; certificate of deposit $1,232,000; cash advance to subsidiary of $862,400; utility deposit paid to gas company $160. Cash balance 2. Checking account balance $528,000; an overdraft in special checking account at same bank as normal checking account of $14,960; cash held in a bond sinking fund $176,000; petty cash fund $264; coins and currency on hand $1,188. Cash balance 3. Checking account balance $519,200; postdated check from customer $9,680; cash restricted due to maintaining compensating balance requirement of $88,000; certified check from customer $8,624; postage stamps on hand $544. Cash balance 4. Checking account balance at bank $32,560; money market balance at mutual fund (has checking privileges) $42,240; NSF check received from customer $704. Cash balance 5. Checking account balance $616,000; cash restricted for future plant expansion $440,000; short-term Treasury bills $158,400 (which mature in 6 months); cash advance received from customer $792 (not included in checking account balance); cash advance of $6,160 to company executive, payable on demand; refundable deposit of $22,880 paid to federal government to guarantee performance on construction contract. Cash balance