INCLUDE ALL THE CALCULATIONS AND EXPLANATIONS

For each of the following compute the amount of cash and cash equivalents to be reported. Indicate the proper reporting for items that are not reported as cash and cash equivalents. Description: Account/Account Type 1 Overdraft in special checking account at same bank as normal checking account 1,000 2 Petty cash fund 300 3 Money market balance at mutual fund (has checking privileges) 2,000 4 Cash Restricted for future plant expansion 100,000 5 Certified check from customer 1,500 Total Cash and Cash Equivalents