Nickleson Company had an unadjusted cash balance of $6,285 as of May 31. The companys bank statement, also dated May 31, included a $54 NSF check written by one of Nicklesons customers. There were $1,136 in outstanding checks and $280 in deposits in transit as of May 31. According to the bank statement, service charges were $50, and the bank collected an $850 note receivable for Nickleson. The bank statement also showed $6 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.)