Grisson Enterprises provides the following information: Currency and coin 200 First Bank minus Checking 5 comma 000 Second Bank minus Checking (700) First Bank minus Savings * 20 comma 000 2minusmonth CD 17 comma 000 5 month CD 11,000 * Restricted fund for bond retirement Following U. S. GAAP, what is the dollar amount of Cash and Cash Equivalents reported on Grisson's balance sheet?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?