Nickleson Company had an unadjusted cash balance of $$4,535$ as of May $31.$ The company$$s bank statement, also dated May $31,$ included a $$93$ NSF check written by one of Nickleson$$s customers. There were $$1,066$ in outstanding checks and $$265$ in deposits in transit as of May $31.$ According to the bank statement, service charges were $$70,$ and the bank collected a $$650$ note receivable for Nickleson. The bank statement also showed $$22$ of interest revenue earned by Nickleson.

Required

Determine the true cash balance as of May $31.($Hint: It is not necessary to use all of the preceding items to determine the true balance.$)$