Stowe Enterprises owns the following assets at December 31, 2020:

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