The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The bank statement for May 1 and the May T-account for cash showed the transactions listed below. Martin Company's bank reconciliation at the end of April showed a cash balance of $19,200. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Withdrawals Deposits $ 8,400 # 301 $ 11,400 # 302 5,800 10,000 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17-Interest Earned May 22NSF cheque May 30 May 31-Service charges Balance, May 31 Balance $19,200 27,600 16,200 10,400 20,400 19,860 19,984 19,664 14,664 14,600 14,600 # 303 540 124 # 304 320 5,000 64 + Cash (A) Balance May 1 May 1 May 7 May 29 19,200 8,400 10,000 4,400 11,400 5,800 540 5,000 1,340 May 02 May 04 May 11 May 30 May 29 #301 #302 #303 #304 #305 May 31 Balance 17,920 Required: 1. Prepare a bank reconciliation for May. MARTIN COMPANY Bank Statement Bank Reconciliation At May 31 Company's Books Ending balance per Cash account Additions: Ending balance per bank statement Additions: Deductions: Deductions: Up-to-date cash balance Up-to-date cash balance 2. Prepare any journal entries required as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the interest earned on May 17. Note: Enter debits before credits. Date General Journal Debit Credit May 17 Record entry Clear entry View general journal 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Cash balance 4. If the company also has $54 on hand, which is recorded in a different account called Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Cash