B.MCompanyOperations cash account has a month endbalance of $128,002.Outstanding checks as of month end totaled $3,050.Deposits in transit totaled $100 at month end.The company incorrectly recorded apayment on their books for $125 that correctly clearedthe bank for$152. The amount was originally posted to miscellaneous expense.The bank statement also shows aservice charge of $100 on theaccount.The balance per thebank statement is $130,825.

Instructions

What is the correct balancefor cash in bankshould be reported at the end of month?

$__________.