Check your owners manual to be sure...most say to check the oil level with the dipstick all the way inserted and different years say different things regarding on the jiffy stand (most) or off (rare) with bike level. If it says 3.5 qts that is total and usually cold.
If worried about wet sumping (oil leaking past check valve and filling sump) you may want to run the bike for a minute or so (oil is still cold), stop, and remove dipstick wait for another then recheck (to make sure all the oil in the shallow sump) is in the oil tank, less chance for oil to leak back down. You should be pretty close, 1/2 way between qt low mark and full mark.
Since on my bike, it does not leak down, I can do check cold in the morning on the jiffy stand and have it reads correctly.