Teal Mountain 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 $18,660 71.260 68,578 Bank debit memorandum: Safety deposit box fee Service charge Balance, August 31 $ 125 150 21.212 145 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $18,960; receipts $74.260; disbursements $73,470; and balance August 31, $19,750. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4.900 and outstanding checks of $4,600. 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. Determine deposits in transit. Deposits in transit $ e Textbook and Media List of Accounts Determine outstanding checks. (Hint: You need to correct disbursements for the check error.) Outstanding checks $ eTextbook and Media List of Accounts Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) TEAL MOUNTAIN INC. Bank Reconciliation $ $ $ Date Account Titles and Explanation Debit Credit Aug. 31 (To record Interest earned) Aug. 31 (To correct error in recording check) Aug. 31 (To record service charge and safety deposit box fee)