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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021: Currency and coins $ 590 Balance in checking account 2,500 Customer

Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:




Currency and coins$590
Balance in checking account
2,500
Customer checks waiting to be deposited
1,400
Treasury bills, purchased on 11/1/2021,
mature on 4/30/2022

2,800
Marketable equity securities
9,900
Commercial paper, purchased on 11/1/2021,
mature on 1/30/2022

6,000


What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?

A. 13,290

B. 7,290

C. 10,490

D. 23,190


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