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Calculate the amount of cash and cash equivalents

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Reference no: EM13511989

At year end, Lam Company had currency and coins in cash registers of $2,800, money orders from customers of $5,00, deposits in checking accounts of $32,000, U.S. Treasury bills due in 80 days of $90,000, certificates of deposit at the bank that mature in six months of $100,000, and U.S. Treasury bonds due in one year of $50,000. Calculate the amount of cash and cash equivalents that will be shown on the company's year-end balance sheet.

Reference no: EM13511989

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