A Bank Has $250 in Checking Deposits,$1,000 in Savings Deposits,$1,200

A bank has $250 in checking deposits,$1,000 in savings deposits,$1,200 in time deposits,$1,000 in loans to businesses,$400 in outstanding credit card balances,$800 in government securities,$25 in currency in its vault,and $25 in deposits at the Fed.Of these,________ are part of M2.

A) $3,450
B) $2,450
C) $2,850
D) $2,200
E) $2,600