On May 31, Money Corporation's Cash account showed a balance of $15,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: CHECKS OUTSTANDING: 2550 DEPOSITS OUTSTANDING: 3000 NSF CHECK: 280 SERVICE FEES: 45 Error: Money Corp. wrote a check for $60 but recorded it incorrectly for $600. What is the amount of cash that should be reported in the company's balance sheet as of May 31

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.