X Your answer is incorrect. A new accountant at Cullumber Company is trying to identify which of the following amounts should be reported as the current asset Cash in the year-end balance sheet, as at June 30, 2021: 1. Currency and coins totalling $85 in a locked box used for petty cash transactions. 2. A 60-day, $12,900 guaranteed investment certificate, due July 31, 2021. 3. June-dated cheques worth $339 that Cullumber has received from customers but not yet deposited. 4. A $108 cheque received from a customer in payment of her June account, but postdated to July 1. 5. A balance of $2,580 in the Royal Bank chequing account. 6. A balance of $4,310 in the Royal Bank savings account. 7. Prepaid postage of $75 in the postage meter. 8. A $97 IOU from the company receptionist. 9. Cash register floats of $291. 10. Over-the-counter cash receipts for June 30 consisting of $540 of currency and coins, $100 of cheques from customers, $550 of debit card slips, and $800 of bank credit card slips. These amounts were processed by the bank and posted to the bank account on July 1. Ignore any related debit or credit card expenses. (a) What amount should Cullumber report as its cash and cash equivalents balance at June 30, 2021? Cash and cash equivalents balance 7314