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 $17,500. 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 $7,000 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 #301 $10,000 #302 5,400 #303 470 9,000 Balance $ 17,500 24,500 14,500 9,100 18,100 17,630 17,735 17,485 13,185 13,120 13,120 Interest NSF check $105 250 #304 4,300 Service charge 65 May 1 Balance May 1 May 7 May 29 Cash (A) 17,500 7,000 9,000 5,400 10,000 5,400 470 4,300 1,000 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 17,730 Required: 1. Prepare a bank reconciliation for May. MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending Balance Per Cash Account Additions: Bank Statement Ending Balance Per Bank Statement Additions: Deductions: Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance