On August 31, Year 1, the general ledger of a company shows a balance for cash of $7.864. Cash receipts yet to be deposited into the checking account total $3,258, and checks written by the academy but not yet processed by the bank total $1.345. The company's balance of cash does not reflect a bank service fee of $27 and interest earned on the checking account of $38. These amounts are included in the balance of cash of $5,962 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, Year 1. (Amounts to be deducted should be indicated with a minus sign.) Bank Reconciliation August 31, Year 1 Bank's Cash Balance Per Bank Statement Per General Ledger Bank Balance per Reconciliation Company's Cash Balance Company Balance per Reconciliation