M New Tab O A https://edugen.wi 30% .. / q search Kieso, Intermediate Accounting, 16e Return to Blackboar n e Exercise 7-1 The controller for Clint Bridgeport Co. is attempting to determine the amount of cash to be reported on its December 31, 2017, balancn sheet. The folowing 1. Commercial savings account of $632,600 and a commercial checking account belance of $862,600 are heid at First National Bank of Yajimbo, 2. Money market fund account held at Volonte Co. (a mutual fund organization) permits Bridgeport to write checks on ths balance, $5,464,100. 3. Travel advances of $185,800 for executive travel for the first quarter of next year (employe to reimburse through salary reductian). 4. A separate cash fund inthe mout 5. Petty cash fund of $1,140. 6. An 1.o.U. from Marianne Koch, a company customec, in the gmount of $168,800. 7. A bank overdraft of $122,900 has occurred at one of the banks the company uses to depost ies cash recejots At the preent time, the company has no dreposts af th bark 8. The company has two certificates of deposit, each totaling $540,200. These CDs have a maturity of 120 days. 9. Bridgeport has received a check that is dated January 12, 2018, in the amount of $121,960. 10. Bridgeport has agreed to maintain a cash belance of $488,500 at all times at First National Bank of yojimbo to ensure future oredt avaiebilty 11. Bridgeport has purchased $2,038,300 of commeroial paper of Sergio Leone Co. which is due in so days 12. Currency and coin on hand amounted to $7,213 2017 The amount of Cash and Cash Equivalents reported on here to search