At the end of the month, Grant Entertainment Company showed a $10,700 book balance in its cash account. The following information was gathered by studying the bank statement and the company's cash records:

(1) deposits in transit amounted to $3,500

(2) outstanding checks were $6,900

(3) a $620 check had been incorrectly drawn on Grant's account by the bank

(4) NSF checks returned by the bank were $820

(5) bank service charge was $30

(6) credit memo for $75 for the collection of one of the company's account receivable

Based on the above information the true cash balance would be:

At the end of the month, Grant Entertainment Company showed a $10,700 book balance in its cash account. The following information was gathered by studying the bank statement and the company's cash records: (1) deposits in transit amounted to $3,500 (2) outstanding checks were $6,900 (3) a $620 check had been incorrectly drawn on Grant's account by the bank 4) NSF checks returned by the bank were $820 (5) bank service charge was $30 (6) credit memo for $75 for the collection of one of the company's account receivable Based on the above information the true cash balance would be