Question 6 of 8 < > Marin Inc.'s bank statement from Main Street Bank at August 31, 2022, gives the following information. Balance, August 1 $18,685 Bank debit memorandum: August deposits 71,285 Checks cleared in August 68,603 Safety deposit box fee Service charge $100 125 Bank credit memorandum: Balance, August 31 21,262 Interest earned 120 WNWP Asement Player 0.17/1 E A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,985; receipts $74,285; disbursements $73,495; and balance, August 31, $19,775. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,875 and outstanding checks of $4,575. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. Your answer is incorrect. Determine deposits in transit. Deposits in transit $ eTextbook and Media List of Accounts Assistance Used Assistance Used