In preparing its bank reconciliation at March 31, Clark Company has the following information: Cash balance per bank statement $37,550 Cash balance per general ledger 38,000 Deposits in transit 5,250 Outstanding checks 5,750 Deposit erroneously recorded by bank in Clark's account on March 12 250 Bank service charges for March 50 NSF check returned by bank 1,150 What is the proper cash balance at March 31 for balance sheet purposes? Answer A. $35,750 B. $36,750 C. $36,800 D. $37,050 E. None of the above