On May 31, Crane Limited had a cash balance per books of $13,700. The bank statement from Community Bank on that date showed a balance of $15,500. A comparison of the bank statement with the company's Cash account revealed the following: 1. The bank statement included a bank service charge of $80. 2. 3. 4. 5. The bank statement included electronic collections totalling $4,110. These were not previously recorded. Outstanding cheques at April 30 totalled $2,920. Of these, $2,210 worth cleared the bank in May. There were $1,830 of cheques written in May that were still outstanding on May 31. Included with the cancelled cheques was a cheque issued by O'Bearne Inc. for $1,280 that was incorrectly charged to Crane by the bank. On May 31, the bank statement showed a returned (NSF) cheque for $1,420 issued by a customer in payment of its account. In addition, the bank charged an $80 processing fee for this transaction. 6. The May 31 deposit of $1,990 was not included in the deposits on the May bank statement. The deposit had been placed in the bank's night deposit chute on May 31. CJ Prepare the bank reconciliation at May 31. (List items that increase balance as per bank & books first.) CRANE LTD. Bank Reconciliation May 31 $ 80 60 = S