Exercise 7-12 A new accountant at Leftwich Inc. is trying to identify which of the amounts shown below should be reported as the current asset Cash and cash equivalents in the year-end balance sheet, as of April 30, 2014. 1. $99 of currency and coin in a locked box used for incidental cash transactions. 2. A $10,340 U.S. Treasury bill, due May 31, 2014. 3. $277 of April-dated checks that Leftwich has received from customers but not yet deposited. 4. An $80 check received from a customer in payment of its April account, but postdated to May 1. 5. $5,290 in the companys checking account. 6. $6,850 in its savings account. 7. $72 of prepaid postage in its postage meter. 8. A $47 IOU from the company receptionist.