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Gatti Corporation reported the following balances at June 30. Required: 1. What amount should be reported as Cash and Cash Equivalents? 2. Prepare a classified

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Gatti Corporation reported the following balances at June 30. Required: 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. (Amounts to be deducted should be indicated by a minus sign.)

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