The controller of the Red Wing Corporation is in the process of preparing the company's 2013 financial statements She is trying to determine fix; correct twin nee of rar.fi and cash equivalents to be reported as a current asset in the balance sheet I In: following items are being considered Balances in the company's accounts at the First National Bank, checking $14,900, savings $23,500. Undeposited customer checks of $6,600. Currency and coins on hand of $720. Savings account al the East Bay Rank with a balance of $540,000. This account is being used to accumulate cash for future plant expansion (in 2015) $36,000 in a checking account at the East Bay Bank The balance m the account represents a 15% compensating balance for a $240,000 loan with the bank Red Wing may not withdraw the funds until the loan is due in 2016 U S Treasury bills 2-month maturity bills totaling $29,000, and 7 month bills totaling $34,000. Determine the correct balance of cash and cash equivalents to be repotted in the current asset section of the 2013 balance sheet