The cash records of Crane Inc. show the following situations: Deposits in transit: 1. The June 30 bank reconciliation indicated that deposits in transit total $2,080. During July, the general ledger account Cash shows deposits of $ 15.400, but the bank statement indicates that $ 16.500 in deposits were received during the month. 2. In August, deposits per bank statement totalled $23,400 and deposits per books were $ 23,840. Outstanding cheques: 1. The June 30 bank reconciliation reported outstanding cheques of $ 580. During July, the Crane books showed that $ 18,880 of cheques were issued. The bank statement showed that $ 17,840 of cheques cleared the bank in July. 2 In August, cheques issued were $ 23,560 and cheques clearing the bank were $ 24.460. What were the deposits in transit at July 31 and at August 31? July 31 August 31 Deposit in transit $ 871 $ $ 3410 e Textbook and Media