The bookkeeper for Sandhill Manufacturing Ltd. was trying to determine what items would be used in preparing the company's bank reconciliation that she is completing at May 31, 2021, the end of the company's first month of operations. The company's bank statement showed the following: Question 1 of 2 /10 Sandhill's summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) for the month of May showed the following: (e) Prepare Sandhill's bank reconciliation at May 31 and determine the company's reconciled cash balance. (List items that increase balance as per bank \& books first.) SANDHILL MANUFACTURING LTD Bank Reconciliation May 31 $ $ $ $ Review Sandhill's cheque summary and determine the amount of any cheques that have not yet cleared the company's bank account. These will be outstanding cheques. (Hint: It can be useful to check off or cross out the cheques that appear on both the bank statement and the cheque summary because these will not be outstanding cheques.)