On October 31, 2015, Damon Company's general ledger shows a checking account balance of $8,448. the company's cash receipts for the month total $74,660, of which $71,380 has been deposited in the bank. In addition, the company has written checks for $72,518, of which $71, 288 has been processed by the bank. the bank statement reveals an ending balance of $12,968 and includes the following items not yet recorded by Damon: bank sen/ice fees of $320, note receivable collected by bank of $6,700, and interest earned on the account balance plus from the note of $1,170. After closer inspection, Damon realizes that the bank incorrectly charged the company's account $980 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