Cottage Company deposits all cash receipts on the day they are received, and it makes all cash payments by check. At the close of business on December 31 , its Cash account shows a debit balance of $18,559. The company's bank statement as of December 31 shows an ending cash balance of $16,001. The following information was also available. - Outstanding checks as of December 31 total $2,301. - Included with the bank statement was a debit memo in the amount of $75 for service charges. - Check Number 2519 , listed with the canceled checks, was correctly drawn for $845 in payment of a utility bill on December 16. The company mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $930. - The December 31 cash receipts of $3,545 were placed in the bank's night depository after banking hours and were not recorded on the December 31 bank statement. - The bank deducted $1,324 for an NSF check from a customer deposited on December 10. Required: Prepare the bank reconciliation as of December 31