On July 1, 2019, Oriole Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $8,000 salvage value. On January 1, 2022, before making its depreciation entry for 2022, the company estimated the remaining useful life to be 10 years beyond December 31, 2022. The new salvage value is estimated to be $5,000. Using the following information, prepare a bank reconciliation for Oriole Company for May 31, 2022. a. The bank statement balance is $8,800. b. The cash account balance is $6,640. c. Outstanding checks totaled $2,140. d. Deposits in transit are $620. e. The bank service charge is $20. f. Collection of note by the bank, $660. On July 1, 2019, Oriole Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $8,000 salvage value. On January 1, 2022, before making its depreciation entry for 2022, the company estimated the remaining useful life to be 10 years beyond December 31, 2022. The new salvage value is estimated to be $5,000. Using the following information, prepare a bank reconciliation for Oriole Company for May 31, 2022. a. The bank statement balance is $8,800. b. The cash account balance is $6,640. c. Outstanding checks totaled $2,140. d. Deposits in transit are $620. e. The bank service charge is $20. f. Collection of note by the bank, $660