In order to prepare the monthly bank reconciliation, Garfield Enterprises' accountant assembled the following information on March 31: Amount March 31 balance in Garfield's bank account, per bank statement 15,235 March 31 Cash In Bank, per Garfield's ledger 16,734 Outstanding checks The bank incorrectly recorded a $450 deposit to Garfield's account. The actual amount of the deposited check was $540. Interest income credited to Garfield's account by bank during March Deposits in transit 2,950 ? 38 3,625 During March, Garfield's bookkeeper incorrectly recorded a $500 payment to a supplier by recording a $50 debit to Accounts Payable. ? The bank returned a check from a customer Taft Company, due to insufficient funds. 275 Bank service charges for March 47 The correct adjusted balance in Cash In Bank is: 16,000