Current Attempt in Progress Kingbird Inc's bank statement from Main Street Bank at August 31, 2022 gives the following information $ 18,500 71,100 Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned Bank debit memorandum: Safety deposit box fee Service charge Balance, August 31 $ 35 60 68,668 20,892 55 A summary of the Cash account for August shows the following: balance, August 1, $ 18,800, receipts $ 74,100; disbursements $ 73,560; and balance, August 31, $ 19,340 Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,810 and outstanding checks of $4,510. In addition, you determine that there was an error involving a company check drawn in August: A check for $ 400 to a creditor on account that cleared the bank in August was recorded for $40. (a) Your answer is correct. Determine deposits in transit Deposits in transit $ 7810 eTextbook and Media List of Accounts Determine outstanding checks. (Hint: You need to correct disbursements for the check error.) Outstanding checks e Textbook and Media