Problem 1 FACTS Atwood Inc. has the following items related to its balance sheet at December 31,2025. 1. Cash and money market funds with check-cashing privileges. 2. Petty cash and payroll funds. 3. Short-term treasury bills with a maturity of less than three months. 4. Post-dated checks. 5. Travel advances to employees. 6. Postage on hand (as stamps on in postage meters). 7. Cash restricted for future purchase of land. 8. Bank overdrafts. 9. Compensating balances related to long-term. Instructions: Determine how to classify each of these items on Atwood's balance sheet.