Problem $4$

Kuton Company"s checkbook balance at December $31,2012$ was $180,000.$ In addition. Kuton held the following items in its safe on that date:

$$ Check payable to Kuton dated January $2,2013$ in payment of a sale made in December $2012.$ included in December $31$ checkbook balance$-65,000.$

$$ Check payable to Kuton deposited December $15,$ but returned by the bank DAIF$-20,000.$

$$Check drawn on Kuton's account, payable to a vendor, dated and recorded on December $30$ but not yet mailed to payee as of December $31,2012-15,000.$

What is the correct cash balance of the company?