The 8/31 Cash in Bank account in the Arizona Company's ledger was $20,000. The following 8/31 reconciling items existed: Bank Service Charge Outstanding Checks $100 $270 Note Collection by bank $100 Deposit in Transit $400 The balance appearing on the 8/31 bank statement is: $ The Luna Company made the following two errors in counting ending inventory: 1. 2. Understated 12/31/22 inventory by $150 Overstated 12/31/23 inventory by $450 Indicate the error in the following items. Show supporting computations. a. 12/31/23 Retained Earnings $_ over/under b. 2024 Net Income $ over/under On January 1, 2023 a machine is purchased for $100,000. It is expected to have a useful life of 8 years, during which time it is expected to be used for 20,000 hours. The salvage value is $15,000. It is used for 3,500 hours in 2023 and 5,000 hours in 2024. (The company uses the units-of-production method.) Indicate the following. No supporting computations needed. A) 2024 Depreciation Expense is: $ B) The balance of Accumulated Depreciation at 12/31/24 is. The book value at 12/31/24 is: $