Hero Company's December 31, 2020 trial balance included the following accounts

Cash in hand 500000

Petty cash fund 20000

Security bank current account 1000000

current account gnp 350000

Treasury bill BSP 60 days 3000000

Treasury bill BSP 30 days 2000000

the details are as follows

1. 1. Cash on hand included a post-dated check from the customer for 100,000

2. The petty cash fund included unreloaded petty cash vouchers for 2,000 and an employee check for 3,000 dated January 31, 2021

3. The company wrote a check for 200,000 against its security bank account dated January 15, 2021 delivered to the beneficiary and registered on December 29, 2020

4. The BPI term deposit is used for the acquisition of land for manufacturing headquarters

What total amount of cash and cash equivalents must be reported in the statement of financial position on December 31, 2020?