The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $8,890. The bank statement indicated a balance of $11,500 on July 31, 20Y5. Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items: Checks outstanding totaled $4,140. A deposit of $4,310, representing receipts of July 31, had been made too late to appear on the bank statement. The bank had collected $2,240 on a note left for collection. The face of the note was $2,130. A check for $600 returned with the statement had been incorrectly recorded by Stone Systems as $660. The check was for the payment of an obligation to Holland Co. for the