17 A bank statement shows a balance of $6,700 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,800, deposits in transit of $1,100, and a bank service charge of $20. Among the paid checks returned by the bank was check no. 900 in the amount of $400, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is:

$5,980.

$4,300.

$5,000.

$3,500.