After preparing a bank reconciliation dated August 31, 2018....

Determine the correct amount of cash to be reported on the month-end balance sheet.

Sparky Company has just received the August 31, 2018, bank statement, which is summarized below Arizona National Bank Balance, August 1 Deposits during August Note collected for Sparky, including $63 interest Checks cleared during August Bank service charges Balance, August 31 Disbursements Receipts Balance $14,709 $50,554 65,263 1,63366,896 12,731 12,700 12,700 $54,165 31 The general ledger Cash account contained the following entries for the month of August. Cash Balance, August 1 15,779 Disbursements in August 54,809 Receipts during August 54,950 Deposits in transit at August 31 are $5,966, and checks outstanding at August 31 total $1,649. Cash on hand (petty cash) at August 31 is $487. The bookkeeper improperly entered one check in the books at $146.50 which was written for $164.50 for supplies (expense); it cleared the bank for the correct $164.50 during the month of August