Fred Root operates a FedEx Kinko's store. He has just received the monthly bank statement at August 31, 2020, from Royal Bank of Canada, and the statement shows an ending balance of $580. Listed on the statement are an EFT customer collection of $290, a service charge of $16, two NSF cheques totalling 580, and a S5 charge for printed cheques. In reviewing his cash records, Root identifies outstanding cheques totalling $599 and an August 31 deposit in transit of $1,800. During August, he recorded a $280 cheque for the salary of a part-time employee as $28. Root's Cash account shows an August 31 cash balance of $1,844. How much cash does Root actually have at August 31? Begin by preparing the bank section of the bank reconciliation. Then, continue with the book section of the bank reconciliation. (Leave unused cells blank.) Fred Root Bank Reconciliation August 31, 2020 BANK Balance, August 31 $ 580 1,800 Add: Deposit in transit 2,380 (599) Less Outstanding cheques Adjusted bank balance BOOKS $ 1,781 Add: Less