The Cash balance of ABC Co. comprises the following:

Cash on Hand

40,000

Cash in bank - savings - BPI

100,000

Cash in bank - current - BPI

(10,000)

Cash in bank - current - Metrobank

(60,000)

Total

70,000

Cash on hand includes undeposited collections of

P2,000

The cash in bank - savings maintained at BPI includes a

P20,000 compensating balance which is restricted

What amount should be reported as cash?