Crane Company is a very profitable small business. It has not, however, given much consideration to internal control. For example, in an attempt to keep clerical and office expenses to a minimum, the company has combined the jobs of cashier and bookkeeper. As a result, Bret Turrin handles all cash receipts, keeps the accounting records, and prepares the monthly bank reconciliations. The balance per the bank statement on October 31, 2022, was $18,890.00. Outstanding checks were No. 62 for $149.00, No. 183 for $171.00, No. 284 for $262.00, No. 862 for $222.00, No. 863 for $277.00, and No. 864 for $202.00. Included with the statement was a credit memorandum of $209.00 indicating the collection of a note receivable for Crane Company by the bank on October 25. This memorandum has not been recorded by Crane. The company's ledger showed one Cash account with a balance of $22,311.00. The balance included undeposited cash on hand. Because of the lack of internal controls, Bret took for personal use all of the undeposited receipts in excess of $3,803.00. He then prepared the following bank reconciliation in an effort to conceal his theft of cash. $22,311.00 Cash balance per books, October 31 Add: Outstanding checks No. 862 $222.00 No. 863 277.00 No. 864 202.00 591.00 22,902.00 3,803.00 Less: Undeposited receipts Unadjusted balance per bank, October 31 19.099.00 Less: Bank credit memorandum 209.00 Cash balance per bank statement, October 31 $18.890.00 (a) Prepare a correct bank reconciliation. (Hint: Deduct the amount of the theft from the adjusted balance per books.) (List items tha increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation $ > >