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Specter Company combines cash and cash equivalents on the balance sheet. Usng the tollowing intormaton, determne the amount reported on the year-end balance sheet for

image text in transcribed Specter Company combines cash and cash equivalents on the balance sheet. Usng the tollowing intormaton, determne the amount reported on the year-end balance sheet for cash and cash equivalents. - $23,000 cash deposit in checking account. - $60,000 bond investment due in 20 years. - $15,000 U.S. Treasury bill due in 1 month. - \$1,200, 3-year loan to an employee. - $5,000 of currency and coins. - $1,500 of accounts receivable

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