In connection with your audit of Big Brother Corp. for the year ended December 31, 2014, you gathered the following information: Current account at Bank of the Philippine Islands P6,000,000 Current account at Equitable PCI Bank (300,000) Payroll account 1,500,000 Foreign bank account - restricted (in USD) * 60,000 Postage stamps 3,000 Employee's post-dated check 12.000 IOU from a key officer 30.000 Credit memo from a vendor for a purchase return 60.000 Traveler's check 150,000 Customer's not-sufficient-funds check 45.000 Money orders 90,000 Petty cash fund (P12,000 in currency and expense vouchers for 30,000 P17,500) Treasury bills, due 3/31/15 (purchased 12/31/14) 600,000 Treasury bills, due 1/31/15 (purchased 1/1/14) 900.000 Change fund 10,000 Bond sinking fund 1,000,000 "current exchange rate as of December 31. 2014 is at P50 for every USD1. What is the total cash and cash equivalent to be reported by the company in its December 31, 2014 balance sheet?