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On May 31, Money Corporation's Cash account showed a balance of $12,500 before the bank reconciliation was prepared. After examining the May bank statement and

On May 31, Money Corporation's Cash account showed a balance of $12,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: Checks outstanding $ 2,650 Deposits outstanding 3,300 NSF check from a customer 240 Service fees 95 Error: Money Corporation wrote a check for $95 but recorded it incorrectly for $1,080. What is the amount of cash that should be reported in the company's balance sheet as of May 31

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