A business has the following data as of January 31:

$15,850 Cash balance per bank statement

$17,500 Cash balance per company ledger

$1,650Outstanding checks

$4,100Deposits in transit

$50Bank service charges for the month of January

$796Cash collected by the bank acting as a collection agent of the company

Also, a $5 check paid to a vendor was erroneously recorded in the company books as $59.

1. Determine the adjusted cash ledger balance.

1. Determine the adjusted bank statement balance.