On 31 December, the bank statement of Jason Ltd shows a credit balance of $5,000. There is an outstanding deposit of $300, and an unpresented cheque of $600. Bank charges not recorded in the company's book amounts to $50. What is the correct cash balance as per bank on 31 December?

Select one:

a.$5,250

b.$4,650

c.$5,300

d.$4,700