Exercise 7-14 Splish Brothers Company has recorded the following items in its financial records Cash in bank $51,800 Cash in plant expansion fund 107,000 Cash on hand 14,800 Highly liquid investments 34,300 Petty cash 550 Receivables from customers 92,500 Stock investments 65,900 The highly liquid investments had maturities of 3 months or less when they were purchased. The stock investments will be sold in the next 6 to 12 months. The plant expansion project will begin in 3 years. (a) What amount should Splish Brothers report as "Cash and cash equivalents" on its balance sheet? Cash and cash equivalents $ Click if you would like to Show Work for this question: Open Show Work