1.

A company has the following information: Cash balance per bank, Dec. 31, $10,500 Deposits in transit, $1,225 Notes receivable and interest collected by bank, $1,000 Bank charge for check printing, $50 Outstanding checks, $450 NSF check, $100 What is the company's adjusted cash balance on Dec. 31?

Group of answer choices

a. $12,275.

b. $9,725.

c. $11,275.

d. $11,175.

e. $12,125.