Splish Brothers Inc's bank statement from Main Street Bank at August 31, 2022, gives the following information. Balance, August 1 August deposits Checks cleared in August Bank credit memorandum: Interest earned $18,550 71,150 68,608 Bank debit memorandum: Safety deposit box fee Service charge Balance, August 31 $95 120 20,992 115 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,850; receipts $74,150; disbursements $73,500; and balance, August 31, $19,500. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,870 and outstanding checks of $4,570. 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 $