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A company's bank statement shows a cash balance of $4,220. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions

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A company's bank statement shows a cash balance of $4,220. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $2,220, NSF check of $220, interest earned of $35, service fee of $48, and a check for $130 recorded twice by the company. Calculate the correct balance of cash. Cash balance

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