At December 31, year 1, Kale Co. had the following balances in the accounts it maintains at First State Bank:
Checking account #101 $175,000 Checking account #201 (10,000) Money market account 25,000 90-day certificate of deposit, due 2/28/Y2 50,000 180-day certificate of deposit, due 3/15/Y2 80,000 Kale classifies investments with original maturities of three months or less as cash equivalents. In its December 31, year 1 balance sheet, what amount should Kale report as cash and cash equivalents?