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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. - $3,000 cash deposit in checking account. - $20,000 bond investment due in 20 years. - $5,000 U.S. Treasury bill due in 1 month. - \$200,3-year loan to an employee. - $1,000 of currency and coins. - $500 of accounts receivable. Exercise 8.5 Cosh and cosh equivalents C2

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