The following information is provided as at December 31, Year 2: 1. A chequing account balance of $400,000 are held at TD Bank. There is also a bank overdraft of $25,000 in a chequing account at Scotia Bank. 2. A $125,000 investment in a CIBC money-market mutual fund that has chequing account privileges. 3. There are travel advances of $15,000 for executive travel for the first quarter of next year. 4. A separate cash fund in the amount of $2.5 million is restricted for the retirement of long-term debt. 5. The company has two term deposits, each for $250,000, and each had a maturity of 120 days when they were acquired. One was purchased October 15 and the other on December 27. 6. The company holds $75,000 of 60-day commercial paper of Alpha Ltd., which is due in 15 days. 7. The company acquired 1,000 shares of Sortel for $2.95 per share in November and is holding them for trading. The shares have a fair value of $3.55 per share on December 31, Year 2. Required: Calculate the amount of cash and cash equivalents to be reported as at Dec. 31, Year 2. This company reports using IFRS. (show your calculations for part marks)