Pharoah Inc. owns these assets at the statement of financial position date: Cash in bank (savings account) Cash on hand Income tax refund due from the Canada Revenue Agency2,200 Cash in bank (chequing account) Postdated cheques received from customers $22,800 (1) 1,800 13,300 1,000 Note: (1) As a condition of a loan, the bank requires Pharoah to maintain a minimum balance of $5,000 in the account, which is included in the savings account balance shown above. What amount should be reported as cash and cash equivalents in the statement of financial position? Cash