27. The following are held by Morgan Corporation at October 31, 2018 Cash in checking account Cash in savings account Petty cash A check from a customer dated November 4, 2018 $15,000 27,000 400 3,000 34,000 70,000 48,000 2 12-month certificate of deposit, due on November 22, 2018 Cash on a bond sinking fund Note receivable, due in two years Morgan Corporation classifies investments with original maturities of three months or less as cash equivalents. In its October 31, 2018, balance sheet, what amount should Morgan Corporation report as cash and cash equivalents A. $197,400 B. $79,400 C. $42,400 D. $76,400 a halance of $7.822, Its general I ledger had a cash balance of