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John, Inc. had the following bank reconciliation at January 31, 2013: Balance per bank statement, 1/31/2013 $56,300 Add: Deposit in transit 9,200 Less: Outstanding checks

John, Inc. had the following bank reconciliation at January 31, 2013: Balance per bank statement, 1/31/2013 $56,300 Add: Deposit in transit 9,200 Less: Outstanding checks 11,500 Balance per books, 1/31/2013 $54,000 Data per bank for the month of February 2013 follow: Deposits $57,500 Disbursements 50,800 All reconciling items at January 31, 2013 cleared the bank in February. Outstanding checks at February 28, 2013 totaled $8,000. There were no deposits in transit at February 28, 2013. What is the cash balance per books at February 28, 2013?

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