For each of the following items, explain whether the amount described should be included in "Cash and cash equivalents" on Kitsault Inc.'s (Kitsault) December 31, 2017 balance sheet:
a. $250 kept in the office to pay for incidentals such as office supplies.
b. $12,500 kept in a savings account at the bank.
c. $7,000 of cheques received from customers in mid-December 2017 but not yet cashed.
d. $144,200 that is owed by a senior executive. The amount is to be paid on January 5, 2018.
e. An investment certificate that will pay $10,000 plus accrued interest on the date it is cashed. The certificate can be cashed at any time by Kitsault.
f. A $500,000 line of credit from the bank that Kitsault uses to provide working capital when it's needed. On December 31, 2017, Kitsault had borrowed $120,000 from the line of credit.
g. $250,000 seized by a foreign government as part of a dispute over a transaction with a company in the foreign country.
h. $25,000 in post-dated cheques. The cheques can be cashed on February 21, 2018
i. $10,000 held by Kitsault's lawyer for purposes of paying a particular supplier when equipment ordered is delivered. The supplier required that the lawyer hold the money so that it would be assured of payment. The equipment is due to be delivered in February 2018.
j. £3,000 (British pounds) held in an account at a major British bank.
k. Shares in a public company traded on the Toronto Exchange. On December 31, 2017 the shares have a market value of $5,000.