Reid Company used the following information to prepare its bank reconciliation for May of the current year. The bank statement balance at May 31 is $3, 016. The company's cash account balance at May 31 is $2, 611. Outstanding checks amounted to $590. Deposits in transit are $700. The bank service charge is $25. A check for $176 written by Reid was recorded as $716 in the company's ledger. What is Reid's adjusted cash balance (true cash) at 5-31-13? a. $3, 126 b. $2, 931 c. $4, 206 d. $2, 906