Stowe Enterprises owns the following assets at December 31, 2023:If Stowe follows ASPE and has adopted the policy to include all possible cash and cash equivalents, what amount should be reported as cash and cash equivalents? Explain how your answer would differ if Stowe follows 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 fixed maturity date $56,200 14,800 21,400 15,500 Chequing account balance Postdated cheque from Yu Ltd. Cash in a foreign bank (CAD equivalent) Debt instrument with a maturity date of three months from the date acquired $46,300 450 90,000 12,000