8. The bank statement for Lee Co. revealed a balance of $1,200 while the checkbook balance showed $1,600. Checks outstanding totaled $307. A check printing charge for $7.00 was on the bank statement. There was a $100 NSF shown on the bank statement. There was a $600 deposit in transit. What is the reconciled balance? A) $1,493 B) $1,690 C) $1,400 D) $1,705