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Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount eported on the year-end balance sheet for
Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount eported on the year-end balance sheet for cash and cash equivalents. - $9,000 cash deposit in checking account. - $32,000 bond investment due in 20 years. - $8,000 U.S. Treasury bill due in 1 month. - \$500, 3-year loan to an employee. - $2,200 of currency and coins. - $800 of accounts receivable
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