$22-$ As of December $31,2015,$ Valley Company has $$16,920$ cash in its checking account, as well as several other items listed below:

Bank credit card slips signe Money market fund balance.................................................... Treasury bills, yet deposited in the bank $q,$ Investment in ATT $10\%$ bonds, maturing June $2016................$ $$$1,800$ $$60,000$ What amount should be shown in Valley's December $31,2015,$ balance sheet as "Cash and cash equivalents"? SHOW THE CALCULATION IN THE SPACE PROVIDED BELOW:

A$.$ $$53,200.$

B$.$ $$70,120.$

C$.$ $$130,120.$

COMPUTATION: $q,$ D$.$ $$113,200.$