Logistics Company had the following items listed in its trial balance at 12/31/2024: Balance in checking account, Bank of the East $ 502,000 Treasury bills, purchased on 11/1/2024, mature on 1/30/2025 22,000 Loan payable, long-term, Bank of the East 280,000 Included in the checking account balance is $50,000 of restricted cash that Bank of the East requires as a compensating balance for the $280,000 note. What amount will Logistics include in its year-end balance sheet as cash and cash equivalents?