A company assembled the following information in completing its July bank reconciliation: balance per bank $22,920; outstanding checks $4,650; deposits in transit $7,500; NSF check $480; bank service charge $150; cash balance per books $26,400. As a result of this reconciliation, the company will

1. reduce its Cash account by $150.

2. reduce its Cash account by $630.

3. reduce its Cash account by $2,850.

4. increase its Cash account by $330.