For situation 1, determine deposits transit at February 28. For situation 2, determine outstanding checks at February 28. McKnight Company's June 30 bank statement shows a balance of $14, 750. McKnight also has the following information: Deposits in transit as of June 30, $1,000 Outstanding checks as of June 30, $2, 500 $100 service charge reported on the bank statement NSF check returned with bank statement, $1, 500 Interest on note receivable collected by the bank, $1, 250 Prepare McKnight's bank reconciliation as of June 30 and prepare any necessary journal entries resulting from the reconciliation. What is the actual cash balance sheet