The bank statement for the checking account of Management Systems incorporated (MS) showed a 0ecember 31 . 2024, balance of \$15.734.87. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks were 51.431 .90 \). b. The December 31,2024 , cash receipts of $630 were not deposhed in the bank until january 2,2025 . c. One check written in payment of rent for $257 was correctly recorded by the bank but was recorded by MS1 as a $275 disbursement. d. In accordance with prior authorization, the bank withdrcw $560 directly from the checking account as payment on a note payable. The interest portion of that payment was 3405 . MSt has made no entry to fecord the automatic payment: e. Bank service charges of $25 were listed on the bank statement. 1. A deposit of $930 was recorded by the bank on December 13 , but it did not belong to MSi. The deposit should have been made to the checking account of Mis, incotporated. 9. The bank statement included a charge of $80 for an NSF check. The check was returned with the bank statement and the company will seek payment from the customet h. MSt maintains a $200 petty cash fund that was appropriately reimbursed at the end of Decembet. L. According to instructions from MSt on December 30, the bank withdrew $15,500 from the account and purchased US. Treasury bilis for MSt. MSt recorded the transaction in its books on Docember 31 when it received notice from the bank, Half of the Treasury bilis mature in two months and the other half in six months. Required: 1. Prepare a bank reconciliation for the MSI checking account at December 31,2024 . You will have to compute the balance per books. 2. Prepare any necessary adjusting journal entries indicated. Use the miscellaneous expense account to record the bank service charges. 3. What amount would MSi report as cash and cash equivalents in the current asset section of the Decembet 34,2024 , balance sheet