The controller for Clint Eastwood Co. is attempting to determine the amount of cash to be reported on its December 31, 2025, balance sheet. The following information is provided. Indicate the proper reporting for items that are not reported as cash on the December 31, 2025, balance sheet

E6.1 (LO1) Determining Cash Balance
The controller for Clint Eastwood Co. is attempting to determine the amount of cash to be reported on its December 31, 2025, balance sheet. The following information is provided.
	1.	Commercial savings account held at First National Bank of Yojimbo	$ 600,000
		Commercial checking account balance held at First National Bank of Yojimbo
		900,000
	2.	Money market fund account held at Volonte Co. (a mutual fund organization) permits Eastwood to write checks on this balance	5,000,000
	3.	Travel advances for executive travel for the first quarter of next year (employee to reimburse through salary reduction)	180,000
	4.	A separate cash fund restricted for the retirement of long-term debt	1,500,000
	5.	Petty cash fund		1,000
	6.	An I.O.U. from Marianne Koch, a company customer		190,000
	7.	A bank overdraft at one of the banks the company uses to deposit its cash receipts. At the present time, the company has no deposits at this bank.	110,000
	8.	The company has two certificates of deposit, each totaling $500,000. These CDs have a maturity of 120 days	500,000
	9.	Eastwood received a check that is dated January 12, 2026		125,000
	10.	Eastwood has agreed to maintain a cash balance of $500,000 at all times at First National Bank of Yojimbo to ensure future credit availability.	500,000
	11.	Eastwood has purchased commercial paper of Sergio Leone Co. which is due in 60 days.	2,100,000
	12.	Currency and coin on hand		7,700
Instructions
a.	Compute the amount of cash to be reported on Eastwood Co.s balance sheet at December 31, 2025.
b.	Indicate the proper reporting for items that are not reported as cash on the December 31, 2025, balance sheet.