The cash account for. Stone Systems at July 31,20Y5, indicated a balance of $11,390. The bank statement indicated a balance of $14,440 an Killy 31 , 2045 . Conpaning the bank statement and the accompanying canceled checks and memos with the records reveats the following reconciling items: 3. Checks outstanding tosaled $5,200. b. A deposit of $5,420, representing receipts of July 31 , had been made too late to appeat on the bank statement. c. The bank had collected $2,820 on a note lefe for colection. The foce of the note was $2,670. d. A check for $500 returned with the statement had been incorrectly lecorited by Stone Systems as 5550 . The check was for the payment of an obligation to Holland Ca. for the purchase of office supplies on account: e. A check drawn for $500 had been incorrectly charged by the bank as $50. f. Bank service charges for Jaly amounted to $50. Required: 1. Prepare a bank reconciliation. Stone Systems Bank Reconciliation July 31,20 Y 5 Line Item Description Amount Amount Cash balance according to bank statement Total deductions Adjusted balance Cash balance according to company's records Adjustments: Total additions Adjusted balance 3. If a balance sheet were prepared for Stone Systems on July 31, 20yS, what ainount should be reported as casti