As of June 30, Year 1, the bank statement showed an ending balance of $16,366. The unadjusted Cash account balance was $15,686. The following information is available: 1. Deposit in transit, $2,685. 2. Credit memo in bank statement for interest earned in June: $22. 3. Outstanding check: $3,348. 4. Debit memo for service charge: $5. Required: Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. Note: Negative amounts should be indicated with minus sign. Bank Reconciliation Unadjusted bank balance 6/30/Year 1 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1