A company is preparing its monthly bank reconciliation. The ending balance on the bank statement is shown as $8973. At the end of the month, the following information was provided by company records and the monthly bank statement:
	Bank service charges shown on the bank statement	$ 40
	NSF cheques from customers shown on the bank statement	146
	Deposits in transit at the end of the month	954
	Outstanding cheques at the end of the month	1585
What is the cash balance per books after all adjustments have been made?

Select one:

a. $8302

b. $8342

c. $8156

d. $9927