14. The following account balance information is available for XYZ Co., representing all accounts shown on its statement of financial position as of December 31, 20X7:

Cash. ?

Accounts receivable$3,800,000

Marketable securities..$1,900,000

Prepaid insurance...$700,000

Equipment (net)...$9,000,000

Current liabilities (total)..$3,500,000

Long-term liabilities (total).$7,000,000

Common stock.....$2,000,000

Retained earnings$6,200,000

What is XYZ Co.s cash balance on December 31, 20X7?

a. $3,300,000.

b. $4,000,000.

$5,200,000.

$6,200,000.