Grisson Enterprises Provides the Following Information * Restricted Fund for Bond Retirement
Following U

Multiple Choice

Grisson Enterprises provides the following information: $$\begin{array} { | l | r | } \hline \text { Currency and coin } & 500 \\\hline \text { First Bank - Checking } & 5,000 \\\hline \text { Second Bank - Checking } & ( 700 ) \\\hline \text { First Bank - Savings* } & 30,000 \\\hline \text { 2-month CD } & 13,000 \\\hline 5 \text { month CD } & 11,000 \\\hline\end{array}$$ * 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?

A) $29,500
B) $28,800
C) $18,500
D) $17,800