There are Two parts to this question

E5-8 (Algo) Preparing a Balance Sheet [LO 5-5] Gatti Corporation reported the following balances at June 30 Required: 1. What amount should be reported as "Cash and Cash Equivalents"? 2. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1, but rather show only the line "Cash and Cash Equivalents." Complete this question by entering your answers in the tabs below. What amount should be reported as "Cash and Cash Equivalents"? 1. What amount should be reported as "Cash and Cash Equivalents? 2. Prepare a classified balance sheet Do not show the components that add up to your answer in requirement 1, but rather show only the line "Cash and Cash Equivalents" Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1 , but rather show only the line "Cash and Cash Equivalents." (Amounts to be deducted should be indicated by a minus sign.)