(Learning Objective 3: Preparing a bank reconciliation) The Cash account of Randell Corp. reported a balance of $2,400 at October 31. Included were outstanding cheques totaling $500 and an October 31 deposit of $200 that did not appear on the bank statement. The bank statement, which came from Park Bank, listed an October 31 balance of $3,180. Included in the bank balance was an October 30 collection of $530 on account from a customer who pays the bank directly. The bank statement also shows a $20 service charge, $10 of interest revenue that Randell earned on its bank balance, and an NSF cheque for $40.

Prepare a bank reconciliation to determine how much cash Randell actually has at October 31.