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Required information [The following information applies to the questions displaycd below.] The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31 . The May 31 bank statement and the May T-account for cash (summarized) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $17,500. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Required: 1. Prepare a bank reconciliation for May