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Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for

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Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents. . $7,000 cash deposit in checking account. $28,000 bond investment due in 20 years. $7,000 U.S. Treasury bill due in 1 month. $400, 3-year loan to an employee. $1,800 of currency and coins. $700 of accounts receivable. . Checking account Bond investment U.S. Treasury bill Loan to an employee Currency and coins Accounts receivable Cash and cash equivalents

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