Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:Currency and coins $ 610Balance in checking account 3,400Customer checks waiting to be deposited 2,300Treasury bills, purchased on 11/1/2021,mature on 4/30/2022 2,200Marketable equity securities 10,100Commercial paper, purchased on 11/1/2021,mature on 1/30/2022 4,000What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?