The Following Information Is Available for Montrose Company at December

Multiple Choice

The following information is available for Montrose Company at December 31: A nine-month certificate of deposit maturing on June 30 of
Next year
$6,000
Based on this information, the amounts considered Cash and Cash Equivalents, respectively on December 31 are:

A) Cash $19,190; Cash equivalents $16,000
B) Cash $8,540; Cash equivalents $22,290
C) Cash $8,790; Cash equivalents $26,400
D) Cash $10,430; Cash equivalents $20,400
E) Cash $11,235; Cash equivalents $26,400