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As of June 30, Year 1 , the bank statement showed an ending balance of $18,088. The unadjusted Cash account balance was $17,052. The following information is available: 1. Deposit in transit, $2,605. 2. Credit memo in bank statement for interest earned in June: $12. 3. Outstanding check $3,636. 4. Debit memo for service charge: $7. Required: Determine the true cash balance by preparing a bank reconciliation as of June 30 , Year 1, using the preceding information. Note: Negative amounts should be indicated with minus sign