If the month-end bank statement shows a balance of HK$38,000, outstanding checks are HK$12,000, a deposit of HK$2,000 was in transit at month end, and a check for HK$1,600 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is Select one: a. HK$26,900. O b. HK$36,400 C. HK$ 29,600. d. HK$49,400