As at December 31, 2020, Flounder Inc. has the following balances: Cash in bank, $111,000; Investment in preferred shares (retractable, purchased by Flounder within 90 days of maturity date), $123,000; Investment in common shares (to be sold within 30 days), $90,000; and Cash (legally restricted for an upcoming long-term debt retirement), $206,000.

Determine the December 31, 2020 cash and cash equivalents amount for the 2020 statement of cash flows under IFRS. Cash and Cash Equivalents $enter Cash and Cash Equivalents in dollars

Determine the December 31, 2020 cash and cash equivalents amount for the 2020 statement of cash flows under ASPE. Cash and Cash Equivalents $enter Cash and Cash Equivalents in dollars