Required information [The following information applies to the questions displayed below] As of June 30, Year 1 , the bank statement showed an ending balance of $15,898. The unadjusted Cash account balance was $15,243. The following information is avallable: 1. Deposit in transit: $2,770. 2. Credit memo in bank statement for interest earned in June: $12. 3. Outstanding check: $3,420. 4. Debit memo for service charge: $7. Required . Determine the true cash balance by preparing a bank reconciliation as of June 30 , Year 1 , using the preceding information. Amounts to be deducted should be indicated with minus sign.)