On February 10, 2020, Mikuckis Company entered into a financing agreement with Kerrick Bank allowing Mikuckis Company to borrow up to $10,000,000 at any time through 2020. Amounts borrowed under the agreement bear interest at 2% above the bank's prime interest rate and mature two years from the date of loan. At December 31, 2019, Mikuckis Company had $4,000,000 of notes payable with Lowell National Bank maturing on March 15, 2020. On February 28, prior to ithe issuance of its financial statements, Mikuckis Company borrows $3,000,000 under the agreement with Kerrick and using an additional $1 million of it's own cash, liquidates the notes payable to Lowell National Bank. From the above information only, the total short-term debt of Mikuckis Company as of the December 31, 2019 balance sheet date is:

	a.	$0.
	b.	$4,000,000.
	c.	$3,000,000.
	d.	$1,000,000.