1. Swifty Inc. reported the following amounts: Cash in bank-chequing account of $28,000 Petty cash of $2,000 Postdated cheques received totalling $4,200 Certificates of deposit totalling $150,000 How much should be reported as cash in the statement of financial position? a) $30,000 b) $34,200 c) $180,000 d) $184,200