Mars, Inc. has a December $31$st year$-$end. Included in Mar Inc.$\text{'}$s trial balance at $12/31/$x$2$ were the following:

Balance in their checking account at Western Bank $ $482,000$

Commercial paper that matures on $1/30/$x$3($purchased on $11/1/20$x$2)25,000$

Long$-$term note payable from Western Bank $350,000$

The Western Bank checking account includes $$45,000$ of restricted cash that the bank requires as a compensating balance for the $$350,000$ note payable. What amount of cash and cash equivalents will Mars, Inc. include in its $12/31/$x$2$ balance sheet? Multiple Choice

$$507,000.$

$$437,000.$

$$462,000.$

$$482,000.$