On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7.944. Cash receipts yet to be deposited into the checking account total $3,338, and checks written by the academy but not yet processed by the bank total $1425. The company's balance of cash does not reflect a bank service fee of $35 and interest earned on the checking account of $46. These amounts are included in the balance of cash of $6,042 reported by the bank as of the end of August. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, 2021 (Amounts to be deducted should be indicated with a minus sign.) THE DEAN ACTING ACADEMY Bank Reconciliation August 31, 2021 Company's Cash Balance S 6,042 Per General Ledger Bank's Cash Balance Per Bank Statement Checks Outstanding Deposits Outstanding Bank Balance per Reconciliation Company Balance per Reconciliation