Question 4 The bank portion of last month's bank reconciliation for Wildhorse Ltd. at February 28 was as follows WILDHORSE LTD Bank Reconciliation February 28 Cash balance per bank Add: Deposits in transit $18,005 3,130 21,135 Less: Outstanding cheques #3451 #3470 $1,971 2,124 4,095 Reconciled cash balance $17,040 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at February 28. The March bank statement showed the following: The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at February 28. The March bank statement showed the following: WILDHORSE LTD. Bank Statement March 31 Amounts Deducted from Account (Debits) Amounts Added to Account (Credits) Date Feb. 28 Opening balance Mar. 1 Cheque, No. 3451 Description Balance 18,005 16,034 3,130 19,164 17,040 1,98619,026 17,355 16,485 16,450 15,244 13,321 3,233 16,554 1,971 1 Deposit 2 Cheque, No. 3470 2,124 4 Deposit 9 Cheque, No. 3471 10 Returned cheque-NSF, J. Mustafa 10 NSF fee 15 EFT, loan payment 19 Cheque, No. 3472 26 Deposit 31 EFT, collection on account fromm 1,671 870 35 1,206 1,923 604 17,158 17,068 M. Boudreault 31 Bank service charges and credit card fees 90 Wildhorse's cash receipts and payments for the month of March showed the following Cash Receipts Cash Payments Date Amount $1,986 3,233 4,046 $9,265 Date Mar. 4 26 31 Mar. 7 3471 15 3472 29 3473 Number Amount $1,671 1,293 4,975 $7,939 Additional information: 1. The EFT loan payment should have been recorded by the company on March 15, but this entry was missed. The payment included $84 of interest and a $1,122 payment on the loan principal 2. The bank made an error processing Cheque #3472. 3. The EFT collection was not previously recorded 4. Bank service charges and credit card fees totalling $90 were not previously recorded Calculate the cash balance per books at March 31, prior to reconciliation. Caash balance per books at March 31