As of June 30, Year 1, the bank statement showed an ending balance of $17.403. The unadjusted Cash account balance was $16,480 The following information is avallable: 1. Deposit in transit, $2,640. 2. Credit memo in bank statement for interest earned in June: $16 3. Outistanding check: $3,557. 4. Debir memo for service chorge: $10. Required: Determine the true cash balance by preparing a bank reconciliavion as of June 30. Year 1, using the preceding information. Note: Negetive amounts should be Indlcated with minus sign. Nickleson Company had an unadjusted cash balance of $575 as or May 31 The comparyrs bonk statement olso dated May 31 , included a $99 NSF check written by one or Nickleson's customers. There were $1,103 in cutstanding checks and 5225 in deposits in transit as of May 31. According to the bank statement, semce charges were $80, and the bonk collected an $700 note recetvable for Nickleson. The bank statement aso showed $22 of anterest revenue earned by Nickleson. Required: Determine the true cash balance os of May 31. (Hint it is not necessary to use oll of the preceding items to determine the true balance)