10 points Challenging JW Company's cash balance at the end of the month was $7,000. After comparing the company's records with the monthly bank statement, JW's accountant identified the following reconciling items outstanding checks, $800, deposits in transit, $700, bank service charge, $70: NSF check $400. The cash receipt of the NSF check was previously wrongly recorded by the JW company as $450. What is the adjusted bank balance? (Assumption, no fraud in this case)