View Policies Current Attempt in Progress Presented below are independent situations. For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $1,073,000; certificate of deposit $1,624,000; cash advance to subsidiary of $1,136,800; utility deposit paid to gas company $216. Cash balance $ 2. Checking account balance $696,000; an overdraft in special checking account at same bank as normal checking account of $19,720; cash held in a bond sinking fund $232,000; petty cash fund $348; coins and currency on hand $1,566. Cash balance $ 3. Checking account balance $684,400; postdated check from customer $12,760; cash restricted due to maintaining compensating balance requirement of $116,000; certified check from customer $11,368; postage stamps on hand $712. Cash balance $ 4. Checking account balance at bank $42,920; money market balance at mutual fund (has checking privileges) $55,680; NSF check received from customer $928. Cash balance 5. Checking account balance $812,000; cash restricted for future plant expansion $580,000; short-term Treasury bills $208,800 (which mature in 6 months); cash advance received from customer $1,044 (not included in checking account balance); cash advance of $8,120 to company executive, payable on demand; refundable deposit of $30,160 paid to federal government to guarantee performance on construction contract. Cash balance eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer