Systematic Enterprises invested its excess cash in the following instruments during December 2012: Certificate of deposit, due

Question:

Systematic Enterprises invested its excess cash in the following instruments during December 2012:

Certificate of deposit, due January 31, 2015...........................$ 75,000

Certificate of deposit, due March 30, 2013..................................150,000

Commercial paper, original maturity date February 28, 2013........125,000

Deposit into a money market fund.........................................25,000

Investment in stock..........................................................65,000

90-day Treasury bills.......................................................100,000

Treasury note, due December 1, 2042...................................500,000

Required

Determine the amount of cash equivalents that should be combined with cash on the company's balance sheet at December 31, 2012, and for purposes of preparing a statement of cash flows for the year ended December 31, 2012.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...