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 $18,815. The companys bank statement as of December 31 shows an ending cash balance of $16,081. The following information was also available. Outstanding checks as of December 31 total $2,341. Included with the bank statement was a debit memo in the amount of $115