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 57,804. Cash receipts yet to be deposited into the checking account total $3,198, 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 cosh on August 31. Year 1 Amounts to be deducted should be indicated with o minus sign.) $ 7 804 Bank's Cash Balance Per Bank Statement Checks Outstanding Deposits Outstanding Bank Reconciliation August 31, Year 1 Company's Cash Balance s 5902 Per General Ledger (1285) 3.198 Interest Earned Service Fees 5 7.815 Company Balance por Reconciliation 32 S21 Bank Balance per Reconciliation