the answer is NOT 17017

Sparky, Inc. has just received the August 31, 2020, bank statement, which is summarized below. Arizona National Disbursements Receipts Balance Bank Balance, August 1 $14,709 Deposits during $50,554 65,263 August Note 1,633 66,896 collected Checks cleared during $ 54,165 12,731 August Bank Service 31 12,700 Charges Balance, $12,700 August 31 As of August 31, Sparky, Inc. showed an ending balance in their Cash ledger of $15,920. Deposits in transit at August 31 are $5,966, and checks outstanding at August 31 total $1,649. Cash on hand (petty cash) at August 31 is $487. The bookkeeper improperly entered one check in the books at $146.50 which was written for $164.50 for supplies; it cleared the bank for the correct $164.50 during the month of August. Required: After preparing a bank reconciliation, determine the correct amount of cash to be reported on the month-end balance sheet dated August 31, 2020