15. Logan Inc. has the following current assets at year-end: Bank account balance $400,000 90-day Treasury bills, purchased 60 days ago $100,000 Certificated of deposit, maturing in 9 months $50,000 Inventory on hand $150,000 What amount should be reported as "cash and cash equivalents on the year-end balance sheet?: * OA) $500,000 OB) $650,000 OC) $550,000 OD) $400,000