Florence Company received a bank statement showing a balance of $12,700 on November 30, 20X1. During the bank reconciliation process, Florence's accountant noted the following bank errors: 1. A check for $150 issued by Florentine, Inc., was mistakenly charged to Florence Company's account. 2. Check 2782 was written for $100 but was paid by the bank as $1,100. 3. Check 2920 for $84 was paid by the bank twice. 4. A deposit for $670 on November 22 was credited by the bank for $760. Required: Assuming outstanding checks total $2,050, prepare the adjusted bank balance section of the November 30, 20X1, bank reconciliation. FLORENCE COMPANY Bank Reconciliation Statement November 30, 20X1 Balance on bank statement Additions: 0 $ 0 Deductions: 0 $ 0 Adjusted bank balance