Tranvia company had the following balances on December 31, 2015

Cash in checking account

350,000

Cash in money market account

750,000

Treasury bill, purchased November 1,2015

3,500,000

Maturing January 31,2016

Time deposit purchased December 1, 2015

4,000,000

Maturing March 31,2016

What amount should be reported as cash and cash equivalent ?

1,100,000

3,850,000

4,600,000

8,600,000

Please show the solution.