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1. The following information has been extracted from the accounting records of the Limerick Company at December 31, 2010: a. Cash on hand [see note below] 0230,000 b. Belfast Bank savings account Ithe required minimum 0,500 Monthly Average Daily Balance is 910,000} c. J-day Treasury bills purchased March 1, 2010 100,000 d. Petty cash fund [see note below} 20,000 e. Cork Hank current account [see note helowi 160,000 f. Time deposit placements Date Term Dec. 15, 2010 30 days 30,000 Oct. 31, 2010 90 days 10,000 Nov. 11, 2010 180 days 25,000 g. Employee travel advances 7,000 h. Cash in bond sinking fund 500,000 1. Customer's note receivable $5,000 j. Postage stamps 2,400 The following are included in cash on hand: i A customer check for 913,000 returned by the bank on December 20, 2010. It was redeposited and cleared by the bank on January 2, 2019. h customer check for 975,000 dated January 3, 2019, received December 22, 2010. PHLPost money orders received from customers, 950,000. The petty cash fund consists of the following: Currency and coins P13,500 100s from officers and employees 3,000 Unreplenished petty cash disbursements 1,500 Currency in envelope with the notation: "We were Adriana's coworkers. Hords may not be adequate to express how sorry we feel. Please accept our heartfelt sympathies on the loss of your loved one."r 1,500 P20,000 The following information pertains to Cork Bank current account: i A check for P13,000 was dated and recorded on December 29, 2010, but was delivered to payee on January 5, 2019. i i check for 05,000 was dated January 10, 2019, payable to a supplier was recorded and released to payee on December 19, 2010. Cork Bank requires current account depositors to maintain a monthly average daily balance of 050,000 I. Hhat total amount should he recorded as cash and cash equivalents on December 31, 2018