Exercise 4-10B Calculate the balance of cash using a bank reconciliation (L04-5) On August 31, Year 1, the general ledger of a company shows a balance for cash of $7,804 Cash receipts yet to be deposited into the checking account total $3198, and checks written by the academy but not yet processed by the bank total $1,285. The company's balance of cash does not reflect a bank service fee of $21 and interest earned on the checking account of $32. These amounts are included in the balance of cash of $5,902 reported by the bank as of the end of August Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, Year 1. (Amounts to be deducted should be indicated with a minus sign.) Bank's Cash Balance Per Bank Statement Bank Reconciliation August 31. Year 1 Company's Cash Balance Per General Ledger Bank Balance per Reconciliation Company Balance per Reconciliation