Kaur Artisans has recorded the following items in its financial records (amounts in thousands).

Cash in bank .............................................................INR 42,000
Cash in plant expansion fund .....................................100,000
Cash on hand ..................................................................12,000
Highly liquid investments ..............................................34,000
Petty cash .............................................................................500
Receivables from customers ........................................89,000
Debt investments ...........................................................61,000

The highly liquid investments had maturities of 3 months or less when they were purchased. The debt investments will be sold in the next 6 to 12 months. The plant expansion project will begin in 3 years.

Instructions
a. What amount should Kaur report as “Cash and cash equivalents” on its statement of financial position?
b. Where should the items not included in part (a) be reported on the statement of financial position?