On October 31, 2021, Damon Companys general ledger shows a checking account balance of $8,430. The companys cash receipts for the month total $74,540, of which $71,350 has been deposited in the bank. In addition, the company has written checks for $72,500, of which $71,180 has been processed by the bank. The bank statement reveals an ending balance of $12,530 and includes the following items not yet recorded by Damon: bank service fees of $260, note receivable collected by the bank of $6,100, and interest earned on the account balance plus from the note of $870. After closer inspection, Damon realizes that the bank incorrectly charged the companys account $740 for an automatic withdrawal that should have