disbursements. 5) On May 31, Glenair Corporation's Cash account showed a balance of $20,000 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: Checks outstanding Deposits outstanding NSF check Service fees $ 4,500 3,800 200 80 Error: Glenair Corporation wrote a check for $60 but recorded it incorrectly for $600. What is the amount of cash that should be reported in the company's balance sheet as of May 312 A) $19,720. B) $19,300. C) $20,260. D) $10,820