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Current Attempt in Progress Cullumber Company has recorded the following items in its financial records:...

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Accounting

Current Attempt in Progress
Cullumber Company has recorded the following items in its financial records:
The highly liquid investments had maturities of three months or less when they were purchased. The stock investments will be sold in
the next six to 12 months. The plant expansion project will begin in three years.
(a)
What amount should Cullumber report as "Cash and cash equivalents" on its balance sheet?
Cash and cash equivalents $
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