5 Piper Ltd requires you to determine, for each of the three scenarios below, the 'cash and cash equivalents' amount to include in its Statement of Cash Flows. Scenario 1 Scenario 2 Scenario 3 Short term investment (60 day) $70 000 $5 000 Foreign bank account 5 000 (insignificant risk of change in value) Short term investment (120 day) $10 000 $7.000 Cash at bank 30 000 23 000 3 400 Redeemable preference shares 6 000 (redeemable in three years) Petty cash 50 Bank overdraft 5 689 1 230 Redeemable preference shares (redeemable in 60 days) Cash and cash equivalents- ? 15 000 ? ? QUESTION 5 Piper Ltd's cash and cash equivalents amounts are: Cash and cash equivalents = | $ Scenario 1 GA $ Scenario 2 Scenario 3