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Logistics Company had the following items listed in its trial balance at 12/31/2018: $5e2,eee Balance in checking account, Bank of the East Treasury bills, purchased

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Logistics Company had the following items listed in its trial balance at 12/31/2018: $5e2,eee Balance in checking account, Bank of the East Treasury bills, purchased on 11/1/2018, mature on 1/30/2019 Loan payable, long-term, Bank of the East 23, eee 25e,eee Included in the checking account balance is $44,000 of restricted cash that Bank of the East requires as a compensating balance for the $250,000 note. What amount will Logistics include in its year-end balance sheet as cash and cash equivalents? Multiple Choice O $525.000 $458.000 CARTOO

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