Tranxia Company revealed the following information on December 31, 2020: Cash in checking account Cash in money market account (debt instruments) Treasury bill, purchased last November 1, 2020, maturing on January 31, 2021 Time deposit purchased last December 31, 2020, maturing on March 31, 2021 350,000 750,000 3,500,000 4,000,000 What amount should be reported as cash and cash equivalents on December 31, 2020? 1,100,000 3,850,000 4,600,000 8,600,000