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 $18,800. 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 $ 8,000 3301 $11,000 3302 6,000 10,000 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 Balance $ 18,800 26,800 15,800 9,800 19,800 19,300 19,420 19,140 14,540 14,480 14,430 303 500 Interest NSF check $120 280 304 4,600 Service charge 60 May 1 Balance May 1 May 7 May 29 Cash (A) 18.860 8. sep 10,000 6,000 11,000 6,000 500 4,600 #301 May 2 #302 May 4 #303 May 11 304 May 23 #305 May 29 1. May 31 Balance 19,480