S 26-30 ARE BASED UPON THE FOLLOWING INFORMATION: Crane Video Company has the following activity in July: 1. Cash balance per bank July 31 is $7200 2. July bank service charge is $30 3. Cash balance per books July 31 is $6,900 4. Deposits in transit July 31 are $1,500 5. Bank collected $1,000 note for Crane in July, plus interest $30, less service fee of $20. 6. Outstanding checks for July were $820. What would be the true adjusted cash balance: The formula to calculate you adjusted bank balance would be: Oa. +7200-30+1000+30-20 Ob. +7200-30+30-20 c. +7200+1500-820