What waterway should report cash of

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Question 1: Waterway Industries has cash in bank of $25400, restricted cash in a separate account of $3350, and a bank overdraft in an account at another bank of $1750. Waterway should report cash of

Option 1: $23650.
Option 2: $25400.
Option 3: $27875.
Option 4: $28750.

Reference no: EM132898867

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