Item$4$

$3\mathrm{.}75$

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Specter Company combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year$-$end balance sheet for cash and cash equivalents.

$$16,000$ cash deposit in checking account.

$$46,000$ bond investment due in $20$ years.

$$11,500$ U$.$S$.$ Treasury bill due in $1$ month.

$$850,3-$year loan to an employee.

$$3,600$ of currency and coins.

$$1,150$ of accounts receivable.