BANK RECONCILIATION ABC company has bank balance on Dec 31, 2016 is $37,140, and the book balance at the year- end is S32,500. The other information are as followings: a. Checks outstanding totaled S3,620.00 b. A deposit of S4,496.00 had been made too late to appear on the bank statement. c. A check written by AJK Co. cashed) for $1,233 had been incorrectly recorded by the company as S233. d. The bank collected $4,541.00 on a note left for collection. (No interest was included in payment by the customer.) e. Bank service charges for December is $25. Q1: Please work on bank reconciliation for the year end of 2016 below (22 points): ABC Company Bank Reconciliation December 31, 2016 Cash balance 12/3 1/16 per book: $32,500 Cash balance 12/31/16 per bank: $37,140 Add: Add: Subtract: Subtract Adjusted cash balance per banks Adjusted cash balance per book