EXERCISE 3 The following information pertains to ABC Company. The cash balance per bank statement on Decembe The cash balance per books on December 31 was $110,410. The bank collected a $10,000 note for ABC Company in Decemiber, pilus interest of $500. The collection has not been recorded by ABC and no interest has been accrued. . r 31 was $120,000. Company. Outstanding checks on December 31 totaled $1,000. The company received a $450 check from a customer for services provided. Th e . increasing its cash balance by $450. The bank accidentally recorded the $450 check as $540. e company correctly recorded this check in its books by . NSF checks totaled $2,000. Required: Prepare a bank reconciliation at December 31