A business has the following items at year-end, $2,100 cash refund due from the B.C. Ministry of Finance, $12,600 in a bank savings account, $500 in stale dated cheques, $150 in petty cash, and $10,000 invested in Government of Canada treasury bills.

Select one:

a.

$22,600

b.

$25,350

c.

$22,750

d.

$22,960

e.

$23,250