Problem 3 The following data were accumulated for use in reconciling the bank account of Mihlos Co. for November: 1. Cash balance according to the company's records at November 30, $42,132 2. Cash balance according to the bank statement at November 30, $40,632 3. Checks outstanding, $3,105 4. Deposit in transit, not recorded by bank, $5,120 5. A check for $280 in payment of an account was erroneously recorded in the check register as $820 6. Bank debit memo for service charges, $25 Instructions: a. Prepare a bank reconciliation b. Show your work below