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 Juniper Company has the following items at year-end Cash in First Bank $35

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 Juniper Company has the following items at year-end Cash in First Bank $35.000 Petty cash 300 Short-term paper with maturity of 2 months 5,500 Postdated checks 1.400 Overdraft in First Bank (2.500) Certificate of deposit 3,000 Juniper should report cash and cash equivalents of O $35.300 None of these are correct $40.800 © $32.800 O $38.300 Question 16 3 pts Detroit Co has the following data related to an item of inventory Inventory, March 1 400 units @ $2.10 Purchase, March 7 1.400 units @ $2 20 Purchase, March 16 280 units @ $2.25 Inventory, March 31 520 units The value assigned to cost of goods sold if Detroit uses LIFO is O $1104 O $3.446 51.160 O $3,392