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Question - Trinitron Inc. has cash in bank of $108,000, cash set aside for retirement on long-term debt in a separate account of $200,000, short-term paper that matures in nine months for $50,000, and a compensating balance at another bank for a long-term loan of $75,000. How much should be reported under the heading Cash?
A) $108,000
B) $433,000
C) $308,000
D) $358,000
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