Exercise 7-6 Cash and cash equivalents LO2, 3 Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents. - \\$7,000 cash deposit in chequing account. - \\$28,000 bond investment due in 20 years. - \\$7,000 U.S. Treasury bill due in 1 month. - \\$400, 3-year loan to an employee. - \\$1,800 of currency and coins. - \\( \\$ 700 \\) of accounts receivable