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Vaughn Manufacturing has the following items at year-end: Cash in bank $36200 Petty cash 300 Short-term paper with maturity of 2 months 6000 Postdated checks

Vaughn Manufacturing has the following items at year-end:

Cash in bank $36200
Petty cash 300
Short-term paper with maturity of 2 months 6000
Postdated checks 1250

Vaughn should report cash and cash equivalents of

$42500.

$36500.

$43750.

$36200.

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