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Linetech Company's bank statement showed an ending balance of $8,800. Items appearing in the bank reconciliation included: outstanding checks, $900; deposits in transit, $1,800; bank
Linetech Company's bank statement showed an ending balance of $8,800. Items appearing in the bank reconciliation included: outstanding checks, $900; deposits in transit, $1,800; bank service charges, $58; and Driver Company's $290 check erroneously deducted from Linetech's bank account by the bank. How much is the correct cash balance at the end of the month?
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