Hummel Manufacturing Company had the following reconciling information in preparing its December bank reconciliation:

Cash Balance per Bank, 12/31 $56,000

Deposits in Transit $12,500

Electronic Funds Transfer Received $5,500

Bank Charge for Check Printing $250

Outstanding Checks $12,200

NSF Check $1,450

The adjusted cash balance per the bank on December 31 is:

	a.	$54,600
	b.	$56,300
	c.	$56,050
	d.	$59,800