Reporting Cash Jenkins Company has the following items at year-end.
| Currency and coin in safe. | $5,500 |
| Funds in savings account | |
| (requires $2,000 compensating balance) | 27,250 |
| Funds in checking account | 6,950 |
| Traveler’s checks | 700 |
| Postdated check | 1,450 |
| Not-sufficient-funds check | 1,050 |
| Money market fund | 35,400 |
Required
Identify the amount of the above items that should be reported as cash and cash equivalents on Jenkins Company’s balance sheet.
Cash and Cash Equivalents = $
