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Damon Company receives its monthly bank statement, which reports a balance of $1,950. After comparing this to the company's cash records, Damon's accountants determine that

Damon Company receives its monthly bank statement, which reports a balance of $1,950. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $2,800 and checks outstanding total $3,100.

Required:

Calculate the reconciled bank balance for cash.

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