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Current Attempt in Progress Culver Corp, reported the following items on its June 30, 2020 trial balance and on its comparative trial balance one year

Current Attempt in Progress Culver Corp, reported the following items on its June 30, 2020 trial balance and on its comparative trial balance one year earlier. June 30, 2020 June 30, 2019 Cash in bank $11,980 $9,600 Petty cash 690 540 Investment in shares of GTT Ltd. (to be sold within 60 days) 6,700 -0- Investment in Canada 60-day treasury bills 21,100 -0- Accounts payable 66,500 69,265 Temporary bank overdraft, chequing account 13,600 1,700 Determine the June 30, 2020 cash and cash equivalents amount for the 2020 statement of cash flows, and calculate the change in cash and cash equivalents since June 30, 2019. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45)) Cash and Cash Equivalents Net Increase/(Decrease) $ $image text in transcribed

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