Ivte Corporation had the following information available at 12/31/2020: Currency and coins $ 1.560 Checking...
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Accounting
Ivte Corporation had the following information available at 12/31/2020: Currency and coins $ 1.560 Checking account balance (including a required compensating balance of $400) 6,240 Cashier checks to be deposited next week 2.880 Marketable equity securities 24,480 Commercial paper, purchased on 12/10/2020, mature on 2/28/2021 12,000 Treasury bills, purchased on 10/1/2020, mature on 5/15/2021 7,200 What amount will Ivte Corporation include in its year-end balance sheet as cash and cash equivalents? O $46,752 $26,280 $22,680 $22.280

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