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Elmo Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an account at another

Elmo Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an account at another bank of $2,000. Under U.S. GAAP, Elmo should report cash of:

A. $20,000.

B. $22,000.

C. $25,000.

D. $26,000

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