At Dec 31, ABC Company had currency and coins on hand of $500, deposits in checking accounts of $3,000, U.S. Treasury bills purchased on Dec. 1 and due on Jan. 31 of $30,000, U.S. Treasury bills purchased on Nov 1 and due March 31 of $50,000, a money market account of $70,000, and 200 shares of Wal-Mart stock worth $2,000 purchased on Dec. 15 that management intends to sell on Jan. 15. What amount should ABC report as the balance in the Cash & Cash Equivalents account on Dec. 31?

A. $105,500

B. $103,500

C. $153,500

D. $155,500

E. $33,500