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Hopper company is preparing its Cash Flow Statement. The accountant preparing the statement is presented with the following information: Bank Account A $35,000 Bank

Hopper company is preparing its Cash Flow Statement. The accountant preparing the statement is presented with the following information: Bank Account A $35,000 Bank Account B $16,500 Bank Account C $(1,200) Required: What amount should appear as cash and cash equivalents in the cash flow statement? Provide specific Codification references.

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