Crypto Company had the following information related to its June bank reconciliation. $3,550 Balance per bank statement $4,900 Balance per general ledger $ 300 Bank draft for June utilities 5 100 Checks returned for insufficient funds Monthly note payment collected by the bank for Crypto Total deposits in transit Checks written by the company but not processed by the bank $1,600 $ 700 $ 400 Crypto mistakenly recorded a $200 deposit from a credit customer as a $2.000 debit to cash and credit to accounts receivable A check correctly recorded by Crypto as a $50 disbursement was incorrectly processed by the bank as a $500 disbursement. What is the correct balance for Crypto's cash based on your bank reconciliation? Prepare the journal entry needed to record reconciling items