Gia Company has the following information available:

Cash in savings account U$.$S$.$ Treasury bill due in one month $($purchased six months ago$)$

U$.$S$.$ Treasury bill due in one year $($purchased yesterday$)$

Cash in checking account

$$2,500,000$

$$2,500,000$

$$1,000,000$

$$700,000$

What is the amount of Cash and Cash Equivalents to be reported on the balance sheet?

A$.$ $$0$

B$.$ $$4,200,000$

C$.$ $$3,200,000$

D$.$ $$700,000$