Bank reconciliation (5 minutes) Herringbone Incorporated sells scarves and gloves. The company's cash t-account shows the following activity for the month ended May 31, 2022: Cash Date Description Amount Date Description Amount May 1 Balance forward 10,845 May 2 Cheque #102 288 May 6 May 18 Deposit 2,875 May 9 Cheque #103 1,341 Deposit 790 May 14 Cheque #104 361 May 22 Cheque #105 85 12,435 CUCA Additional information: The correct amount of cheque #104, a payment of accounts payable, is $316. The bookkeeper made an error. Required: 1) Calculate the dollar value of the error made by the bookkeeper. 2) Record the journal entry to correct the bookkeeper's error.