1 The following data were accumulated for use in reconciling the bank account of Rae Co. for March i. The cash balance on the company's books at March 31 was $26,935. ii. The cash balance according to the bank statement on March 31 was $25,625 iii. Outstanding checks totaled $10,600 iv. Deposit in transit were $11,400 v. A check written by Rae to a vendor for $730 was accidentally recorded by Rae in its book as $760. vi. The bank statement showed a debit for fees for the month of $540. The adjusted bank balance on Rae's bank reconciliation would be? A) $26,365 B $24,825 $26,425 $27,735