Required information The following information applies to the questions displayed below.] Rick Hall owns a card shop: Hall's Cards. The following cash information is avallable for the month of August Year 1. As of August 31, the bank statement shows a balance of $10,810. The August 31 unadjusted balance in the Cash account of Hall's Cards is $7,235. A review of the bank statement revealed the following information: 1. A deposit of $1,520 on August 31, Year 1, does not appear on the August bank statement. 2. It was discovered that a check to pay for baseball cards was correctly written and paid by the bank for $3,545 but was recorded on the books is $4,445. 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,235 were found to be outstanding. 4. A debit memo for $40 was included in the bank statement for the purchase of a new supply of checks. Required a. Prepare a bank reconciliation at the end of August showing the true cash balance