The following items were taken from the financial records of Melvin Construction Company.
(a) $2,000 in a checking account.
(b) $8,000 invested in a treasury note due to mature in 90 days.
(c) $3,000 in a savings account that cannot be withdrawn until a $10, 000 outstanding debt is paid off.
(d) $18,000 invested in securities that will be sold in two years to finance an expansion of the plant.
(e) $2,500 invested in IBM common shares. Management intends to liquidate this investment in less than six month.
(f) $15,000 held in escrow by a bank, serving as earnest money that binds management to a real estate contract.
(g) A $3,000 money order received in payment from a customer.
Classify each item as either (a) unrestricted cash, (b) restricted cash, or (c) investment.