Nickleson Company had an unadjusted cash balance of $$6,694$ as of May $31.$ The company$$s bank statement, also dated May $31,$ included a $$98$ NSF check written by one of Nickleson$$s customers. There were $$1,067$ in outstanding checks and $$275$ in deposits in transit as of May $31.$ According to the bank statement, service charges were $$60,$ and the bank collected an $$1,200$ 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.$)$