Q1) As of December 31, 2009, Tulip Company has $16,920 cash in its checking account, as well as various other items given below:
| Bank credit card slips signed by customers |
1,400 |
| Money market fund balance |
10,000 |
| Investment in U.S. Treasury bills |
40,000 |
| Checks received from customers but not yet deposited in the bank |
1,800 |
| Investment in ATT 10% bonds maturing 2010 |
60,000 |
What amount must be shown in Tulips December 31, 2009, balance sheet as "Cash and cash equivalents"?