On October 31. 2015. Damon Company's general ledger shows a checking account balance of $8, 424 The company's cash receipts for the month total $74, 500. of which $71, 340 has been deposited in the bank In addition. the company has written checks for $72 494 of which $71, 144 has been processed by the bank. The bank statement reveals an ending balance of $12, 384 and includes the following items not yet recorded by Damon bank service fees of $240. note receivable collected by bank of $5, 900. and interest earned on the account balance plus from the note of $770 After closer inspection. Damon realizes that the bank incorrectly charged the company's account $660 for an automatic withdrawal that should have been charged to another customer s account The bank agrees to the error. Required: Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2015