Required information [The following information applies to the questions displayed below.) The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The May 31 bank statement and the May T-account for cash (summarized). Martin Company's bank reconciliation at the end of April showed a cash balance of $22,400. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. BANK STATEMENT Checks Deposits Other $ 9,000 #301 $12,000 #302 7,600 11,000 Balance, May 1 May 2 May 5 May 7 May B May 14 May 17 May 22 May 27 May 31 Balance, May 31 580 Balance $ 22,400 31,400 19,400 11,800 22,800 22,220 22,420 22,060 16,660 16,560 16,560 303 Interest NSP check $200 360 W304 5,400 Service charge 100 May 1 Balance May 1 May 7 May 29 Cash (1) 22,400 9,000 11,000 7,600 12,000 7,600 580 5,400 2,100 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 22,320 Required: 1. Prepare a bank reconciliation for May Bank Statement Ending Balance Per Bank Statement Additions: Deposit in Transit $ Outstanding Checks MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending Balance Per Cash Account Additions: 20,000 0 20,000 20.000 Deductions: 0 Deductions: Interest Earned NSF Check 100 Up-to-Dato Cash Balance 100 19,900 Up-to-Date Cash Balance $ 0 0