On September 30, the bank statement of Fine Company showed a balance of $12,450. The following information was revealed by comparing the bank statement to the cash balance in Fine's accounting records: . Deposits in transit amounted to $5,115 Outstanding checks amounted to $9.250 A $750 check was incorrectly drawn on Fine's account NSF checks returned by the bank were $1,210 Bank service charge was $43 Credit memo for $175 for the collection of one of the company's account receivable Based on the above information, the true cash balance was: Multiple Choice $9,065 $9,197 $7.987 $9.672