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If the month-end bank statement shows a balance of $58,000, outstanding checks are $15,000, a deposit of $7,000 was in transit at month end, and a check for $600 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is

Select one:

a. $50,000.

b. $49,400

c. The answer does not exist

d. $50,800

e. $65,400