A company reported Cash and Cash Equivalents of $$17,000$ on its balance sheet dated December $31,2023.$

Upon review of this account it was noted the balance was made up of the following items:

Cash in checking account, $$4,000$

Cash in money market account, $$5,000$

$3$ month CD purchased November $1,2023,$ $$2,000$

$4$ month Treasury Bill purchased December $1,2023,$ $$1,000$

GE stock, $$4,500$: purchased December $15,2023$ and expects to sell March $1,2024$

Commercial Paper, $$500$: purchased August $15,2023$ and matures February $15,2024.$

What is the correct balance in the cash and cash equivalents account on December $31,2023?$

Group of answer choices

$$17,000$

$$12,500$

$$11,500$

$$11,000$

$$9,500$