30. Klepper Company has the following items at year-end:
Cash in bank= $35,000
Tax refund due from IRS= $7,500
Petty cash= $300
Postage stamps= $500
Certificate of deposit with a maturity date in 2 months= $5,500
Commercial paper with a maturity date in 4 months= $10,000
Postdated checks= $1,400
How much should Klepper report as cash and cash equivalents?
Thankyou..........
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