Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:
Currency and coins $ 590 Balance in checking account 2,500 Customer checks waiting to be deposited 1,400 Treasury bills, purchased on 11/1/2021,
mature on 4/30/2022 2,800 Marketable equity securities 9,900 Commercial paper, purchased on 11/1/2021,
mature on 1/30/2022 6,000 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?
A. 13,290
B. 7,290
C. 10,490
D. 23,190
