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Asheville Company has the following items at year-end: Cash in bank $60,000 Petty cash 600 Short-term paper with maturity of 2 months 11,000 Postdated checks

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Asheville Company has the following items at year-end: Cash in bank $60,000 Petty cash 600 Short-term paper with maturity of 2 months 11,000 Postdated checks 2,800 Asheville should report cash and cash equivalents of: O $60,000. O $60,600. O $71,600. O $74,400

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