Exercise 7-11 Windsor, Inc.'s bank statement from Main Street Bank at August 31, 2017, gives the following information. Balance, August 1 August deposits Checks cleared in August $18,620 Bank debit memorandum: 71,220 68,578 Safety deposit box fee Service charge Balance, August 31 125 150 21,132 Interest earned 145 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,920; receipts $74,220; disbursements $73,470; and balance, August 31, $19,670. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,900 and outstanding you determine that of $4,600. In addition a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. Deposits in transit Determine outstanding checks. (Hint: You need to correct disbursements for the check error.) Outstanding checkss