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Specter Company combines cash and cash equivalents on the balance sh reported on the year - end balance sheet for cash and cash equivalents. $

Specter Company combines cash and cash equivalents on the balance sh reported on the year-end balance sheet for cash and cash equivalents. $18,000 cash deposit in checking account. $50,000 bond investment due in 20 years. $12,500 U.S. Treasury bill due in 1 month. $950,3-year loan to an employee. $4,000 of currency and coins. $1,250 of accounts receivable.

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