Current Attempt in Progress

The controller for Clint Tamarisk Co$.$ is attempting to determine the amount of cash to be reported on its December $31,2025,$ balance

sheet. The following information is provided.

Commercial savings account of $$648,100$ and a commercial checking account balance of $$838,900$ are held at First National

Bank of Yojimbo.

Money market fund account held at Volonte Co$.($a mutual fund organization$)$ permits Tamarisk to write checks on this

balance, $$5,199,800.$

Travel advances of $$187,300$ for executive travel for the first quarter of next year $($employee to reimburse through salary

reduction$).$

A separate cash fund in the amount of $$1,499,300$ is restricted for the retirement of long$-$term debt.

Petty cash fund of $$1,270.$

An I.O$.$U$.$ from Marianne Koch, a company customer, in the amount of $$168,000.$

A bank overdraft of $$111,700$ has occurred 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.

The company has two certificates of deposit, each totaling $$624,400.$ These CDs have a maturity of $120$ days.

Tamarisk has received a check that is dated January $12,2026,$ in the amount of $$115,930.$

Tamarisk has agreed to maintain a cash balance of $$535,700$ at all times at First National Bank of Yojimbo to ensure future

credit availability.

Tamarisk has purchased $$1,960,000$ of commercial paper of Sergio Leone Co$.$ which is due in $60$ days.

Currency and coin on hand amounted to $$8,427.$

$($a$)$ Compute the amount of cash and cash equivalents to be reported on Tamarisk Co's balance sheet at December $31,2025.$

The amount of cash and cash equivalents reported on December $31,2025,$$