S-F:7-9 Preparing a bank reconciliation Learning Objective 6 The Cash account of Simple Security Systems reported a balance of $2,470 at December 31, 2025. There were outstanding checks totaling $700 and a December 31 deposit in transit of $100. The bank statement, which came from Forest Cities Bank, listed the December 31 balance of $3,700. Included in the bank balance was a collection of $640 on account from Jarrett Ashlynn, a Simple Security Systems customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Simple Security Systems earned on its bank balance. Prepare Simple Security System's bank reconciliation at December 31.