Question $3$ of $3$

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The condensed financial statements of Sheridan Company for the years $2026$ and $2027$ are as follows.

$\backslash$table$[[\backslash$table$[[$SHERIDAN COMPANY$],[$Balance Sheets$],[$December $31($in thousands$)]]],[,2027,2026],[$Current assets$],[$Cash and cash equivalents,$$288,$$$359$