Buffalo Company has just received the August 31, 2020, bank statement, which is summarized below. County National Bank Balance, August 1 Deposits during August Note collected for depositor, including $62 interest Checks cleared during August Bank service charges Balance, August 31 Disbursements Receipts Balance $14,456 $49,685 64,141 1,605 65,746 $53,233 12,513 31 12,482 12,482 The general ledger Cash account contained the following entries for the month of August. Cash Balance, August 1 1 5,507 Disbursements in August 53,865 Receipts during August 54,005 Deposits in transit at August 31 are $5,863, and checks outstanding at August 31 total $1,620. Cash on hand at August 31 is $478. The bookkeeper improperly entered one check in the books at $147 which was written for $165 for supplies (expense); it cleared the bank during the month of August. BUFFALO COMPANY Bank Reconciliation, August 31, 2020 County National Bank $ Debit Credit Date Account Titles and Explanation Aug. 31, 2020 (To record collection of note and interest) Aug. 31, 2020 (To record August bank charges) Aug. 31, 2020 (To record error in recording check for supplies) List of Accounts What amount of cash should be reported in the August 31 balance sheet? Cash to be reported in the August 31 balance sheet $