During the audit of Sunset Building Supply, you are given the following year-end bank reconciliation prepared by the client: SUNSET BUILDING SUPPLY Bank Reconciliation December 31 Balance per 12/31 bank statement $ 48,734 Add: Deposits in transit 4,467 $ 53,201 Less: Checks outstanding 20,758 Balance per ledger, 12/31 $ 32,443 According to the clients accounting records, checks totaling $31,482 were issued between January 1 and January 14 of the following year. You have obtained a cutoff