On 31 March the balance brought down on a firm's bank account in its ledger was

3,600, credit. At the same date, outstanding cheques amounted to 1,400 and

outstanding lodgements amounted to 2,000. A cheque for 500, received from a

DEBTOR, was SUBSEquently dishonoured. The receipt of the cheque had been correctly

recorded but no entry has yet been made in the accounting records in respect of it

being dishonoured. On the basis of the above information, the balance on the firm's

bank statement at 31 March was