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Ivanhoe Fertilizer Co. owns the following items: (3 Marks) Cash in bank savings account $8,320 Cash on hand 880 Cash refund due from the Canada

Ivanhoe Fertilizer Co. owns the following items: (3 Marks)

Cash in bank savings account $8,320

Cash on hand 880

Cash refund due from the Canada Revenue Agency 1,040

Chequing account balance 14,560

Postdated cheques 520

What amount should Ivanhoe report as cash?

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