Logistics Company had the following items listed in its trial balance at 12/312021 $352,000 Balance in checking account, Bank of the East Treasury bills, purchased on 11/2021, mature on 1/30/2022 Loan payable, long-term, Bank of the East 16,000 300,000 Included in the checking account balance is $58,000 of restricted cash that Bank of the East requires as a compensating balance for the $300,000 note. What amount will Logistics include in its year-end balance sheet as cash and cash equivalents? Multiple Choice $352.000 $294.000 Prey 1 of 22 !!! Next >