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Gatti Corporation reported the following balances at June 30. Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Equipment Notes

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Gatti Corporation reported the following balances at June 30. Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Equipment Notes Payable (long-term) Notes Payable (short-term) Petty Cash Restricted Cash (short-term) Retained Earnings Required: $110 70 40 10 15 1001 40 300 60 30 5 20 40 1. What amount should be reported as "Cash and Cash Equivalents"? 2. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1, but rather show only the line "Cash and Cash Equivalents." Complete this question by entering your answers in the tabs below. Required 11 Required 2 What amount should be reported as "Cash and Cash Equivalents"? Cash and Cash Equivalents

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