In preparing its bank reconciliation at march 31, Mountain Company has the following information:

Cash balance per bank statement $74,100

Cash balance per general ledger 76,000

Deposits in transit 11,500

Outstanding checks 11,500

Deposit erroneously recorded by bank in Mountains

Account on March 12 500

Bank service charges for March 100

NSF check returned by bank 2,300

What is the proper cash balance at March 31 for the balance sheet purposes?

a. $71,500

b. $73,500

c. $73,600

d. $74,100