The following is a list of independent scenarios. Assume that each corporation adopts ASPE.

a. A company holds cryptocurrencies, which are held for sale in the ordinary course of operations.

b. A corporation has an outstanding note receivable of $200,000 for which it collects 5% interest on an annual basis.

c. Renald Corp. reports $50,000 of net accounts receivable.

d. An enterprise holds cash in a foreign country, subject to restrictions and cannot be used for general purposes.

e. A company invests $20,000 in the common shares of a listed company on the TSX.

Required:

Discuss whether amortized cost or FVTPL is most appropriate for each financial asset from each independent scenario. If an item is not a financial asset, explain.