PQR Inc. provides the following bank statement and cash account information for December 2023:

Bank Statement (December 2023)

Description	Amount ($)
Beginning Balance	$25,000
Deposits	$30,000
Withdrawals	($20,000)
Bank Service Charges	($200)
Ending Balance	$34,800

Cash Account (December 2023)

Description	Amount ($)
Beginning Balance	$20,000
Deposit in Transit	$8,000
Outstanding Checks	$7,000
Bank Service Charges	($200)
Ending Balance	?

Prepare a bank reconciliation statement for PQR Inc.'s cash account as of December 31, 2023, and reconcile any discrepancies.