Use the following data to answer the question presented below for Raines Corp.’s preparation of a bank reconciliation on October 31, 2014:

Bank statement balance	$30,700
Raines’ book balance (before adjustments)	?
Outstanding checks	4,200
NSF checks	400
Service charges	300
Deposits in transit	3,100
Interest earned on checking account	100

What is the adjusted cash balance on October 31, 2014?

a. $30,700

b.$29,600

c. $30,100

d. $30,200