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New Age Designs Ltd. reported the following items on its year end date of December...

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New Age Designs Ltd. reported the following items on its year end date of December 31. 2021: Chequing account at DT Bank $ 12.774 NSF cheques 587 Treasury bills maturing in 2 months 9,921 Preferred share investment acquired one month before maturity 12,120 Cash register floats 600 Required: Assume that New Age Designs follows ASPE. Calculate the amount that should be reported as cash and cash equivalents on New Age Designs' balance sheet at December 31, 2021

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