Sage Hill Inc's bank statement from Main Street Bank at, August 31, 2022, gives the following information. A summary of the Cash account in the ledger for August shows the following: baiance, August 1. $18,935; receipts 574,235 ; disbursements $73,555; and balance, August 31,$19,615. Analysis revelils that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,815 and outstanding checks of $4.515. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. (a) Determine deposits in transit. Deposits in transit $