The controller of the Red Wing Corporation is in the process of preparing the company's 2013 financial statements. She is trying to determine the correct balance of cash and cash equivalents to be reported as a current asset in the balance sheet. The following items are being considered: Balances in the company's accounts at the First National Bank: checking $13, 600. savings $22, 200 Undeposited customer checks of $5, 300. Currency and coins on hand of $590 Savings account at the East Bay Bank with a balance of $410,000 This account is being used to accumulate cash for future plant expansion (in 2015) $22,000 in a checking account at the East Bay Bank. The balance in the account represents a 20% compensating balance for a $110,000 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 $16,000, and 7-month bills totaling $21,000. Determine the correct balance of cash and cash equivalents to be reported in the current asset section of the 2013 balance sheet. Cash and cash equivalents includes: Balance in checking account Balance in savings account Undeposited customer checks Currency and coins on hand Balance in savings account Balance in checking account U S. treasury bills Total