Required information [The following information applies to the questions displayed below.] The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "I don't have time." You have been asked to prepare a reconciliation and review the procedures with the bookkeeper. The April 30, Current year, bank statement and the April ledger account for cash showed the following (summarized): BANK STATEMENT Checks Deposits $37,100 1,180 Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April NSF check-A. B. Wright Bank service charges Balance, April 30, Current Year Balance $31,000 68,100 69,280 26,280 26,120 26,070 26,070 $43,000 160 50 Cash (A) 23,500 Apr. Checks written 41,500 Apr. 1 Balance Apr. Deposits 41,100 A comparison of checks written before and during April with the checks cleared through the bank showed outstanding checks at the end of April of $5,600 (including $3,700 written before and $1,900 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. 3. What was the balance in the cash account in the ledger on May 1, Current Year? Cash balance