Stowe Enterprises owns the following assets at December 31, 2017:

If Stowe follows ASPE, what amount should be reported as cash and cash equivalents? Explain how your answer would differ if Stowe followed IFRS.

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Cash in bank savings account Cash on hand Cash refund due (overpayment of income taxes) Preferred shares acquired shortly before their 56,200 14,800 21,400 Chequing account balance Postdated cheque from Yu Co. Cash in a foreign bank (CAD equivalent) Debt instrument with a maturity date of 46,300 450 90,000 fixed maturity date 15,500 onths from the date acquired 12,000