Cash Equivalents
Pueblo Industries invested its excess cash in the following instruments during December 2012:
| Certificate of deposit, due January 31, 2013 | $ 39,000 |
| Certificate of deposit, due June 30, 2013 | 95,000 |
| Investment in City of Elgin bonds, due May 1, 2014 | 15,000 |
| Investment in Quantum Data stock | 66,000 |
| Money market fund | 105,000 |
| 90 day Treasury bills | 88,000 |
| Treasury note, due December 1, 2013 | 200,000 |
Required:
Determine the amount of cash equivalents that should be combined with cash on the company’s balance sheet at December 31, 2012, and for purposes of preparing a statement of cash flows for the year ended December 31, 2012