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Pasadena Foods has received its bank statement for February 2020. The statement balance is $23,440. The accountant for Pasadena Foods needs to reconcile the books

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Pasadena Foods has received its bank statement for February 2020. The statement balance is $23,440. The accountant for Pasadena Foods needs to reconcile the books and has the following information: the balance on the books at February 29, 2020 was $20,498; deposits in transit as of the end of the month were $8,900 and there were three outstanding checks that total $5,032. Looking at the bank statement the accountant sees that there were two NSF checks: one from Fred Flintstone for $850; and another from Grey's Caf for $1,240.00. There are also bank fees of $100.00 on the statement. There is also an EFT noted for $9,000 from Farmers' Market. What is the reconciled balance for Pasadena Foods for February 2020

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