On October 31, 2015, the bank statement for the checking account of Greater Media shows a balance of $11,570, while the company's records show a balance of $10,858. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,120. b. The October 31 cash receipts of $575 are not deposited in the bank until November 2. c. One check written in payment of utilities for $115 is correctly recorded by the bank but is recorded by Greater Media as a disbursement of $155. d. In accordance with prior authorization, the bank withdraws $500 directly from the checking account as payment on a note payable. The interest portion of that payment is $50 and the principal portion is $450. Greater Media has not recorded the direct withdrawal. e. Bank service fees of $50 are listed on the bank statement. f. A deposit of $782 is recorded by the bank on October 13, but it did not belong to Greater Media. The deposit should have been made to the checking account of Videos Unlimited, a separate company. g. The bank statement includes a fee of $105 for an NSF check. The check is returned with the bank statement and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Greater Media checking account on October 31, 2015. 2. Record the necessary cash adjustments.