Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May $31,$ its Cash account shows a debit balance of $$22,525.$ Clayborn's May bank statement shows $$20,200$ on deposit in the bank. Determine the adjusted cash balance using the following information:

Deposit in transit $ $6,850$

Outstanding checks $ $5,700$

Bank service fees, not yet recorded by company $ $80$

A NSF check from a customer, not yet recorded by the company $ $1,095$

The adjusted cash balance should be:

Multiple Choice

$$21,350$

$$14,500$

$$27,050$

$$21,375$