Tamarisk, Inc. owns the following assets at December 31, 2020:

Cash in bank savings account

$48,900Chequing account balance

$30,000Cash on hand

14,200Postdated cheque from Carla Vista Co.

450Refund due (overpayment of income taxes)

31,800Cash in a foreign bank (CAD equivalent)

88,000Preferred shares acquired shortly before their fixed maturity date

15,200Debt instrument with a maturity date of three months from the date acquired

11,000

(a1)

If Tamarisk follows ASPE, what amount should be reported as cash and cash equivalents?(Do not leave any answer field blank. Enter 0 for amounts.)

Cash and cash equivalents under ASPE

$enter Cash and cash equivalents under ASPE in dollars

(a2)

If Tamarisk follows IFRS what amount should be reported as cash and cash equivalents?

Cash and cash equivalents under IFRS$enter Cash and cash equivalents under IFRS in dollars