Before a bank reconciliation was prepared, the accounting records of KHC Co. showed a cash balance of $26,440. The bank statement, however, showed a balance of $32,500. In comparing the company's cash account to the bank statement, the following reconciling items were found: o A deposit of $2620 had been made by the company, but did not yet show up on the bank statement. Checks written by the company for $8,700 were still outstanding. There was a debit memo from the bank for a service charge of $20 that the company had not yet recorded. Based upon the information above, the amount of cash (that is, the "True" cash balance) that should be shown on KHC's balance sheet is: O $26,420 O $38,580 O $26,440 O $26,460