The following information is available for Stone Company for the month of August:

1. The unadjusted balance per the bank statement on August 31 was \(\$ 56,300\).

2. Deposits in transit on August 31 were \(\$ 2,600\).

3. A debit memo was included with the bank statement for a service charge of \$20.

4. A \(\$ 4,925\) check written in August had not been paid by the bank.

5. The bank statement included a \(\$ 1,000\) credit memo for the collection of a note. The principal of the note was \(\$ 950\), and the interest collected was \(\$ 50\).
Required
Determine the true cash balance as of August 31. (It is not necessary to use all of the preceding items to determine the true balance.)