The following is information about Silver Furniture Company's cash and related accounts at May 31, 2023: 1. Postdated cheques from customers total $45,000. The cheques are dated June 30,2023. 2. The company has a savings account with a balance of $157,500 after all adjustments are recorded. 3. The company has guaranteed investment certificates totalling $300,000 due in 30 days. 4. The company has short-term investments totalling $660,000 with maturity dates of 100 to 365 days. 5. The company maintains a cash float of $6,000 for use in the cash registers and which is stored in a locked safe overnight. On May 31, the sales manager borrowed $600 (for personal use) from the cash float, leaving an "IOU" note in the safe. 6. The company's chequing account is overdrawn, showing a negative balance of $42,000 after all adjustments, but is expected to be very temporary. 7. The company has a second chequing account with a balance of $240,000 after all adjustments. The funds in this account were donated by a private foundation for the sole purpose of purchasing new shelter furnishings for their charitable program, which they plan to do in July, 2023. Instructions a. Calculate what amount of cash and cash equivalents will be reported on Silver Furniture Company's May 31, 2023 balance sheet. b. For each of the items listed that is not included in cash and cash equivalents, indicate how the amount will be reported in Silver Furniture Company's May 31, 2023 financial statements. Note: If the item appears on the balance sheet, you should also indicate if it is current or non-current in classification