Table: Statistics for a Small Economy

Item	Value (millions)
Cash held by public	$7
Small-time deposits	30
Money market mutual funds	18
Checkable deposits	36
Currency and total reserves at the Fed	12
Large-time deposits	20
Demand deposits	14

The table shows some statistics for a small economy. Based on only the information provided, M1 in this country amounts to:

$43 million.

$57 million.

$50 million.

$69 million.