The cash records of Sandhill Inc. show the following situations: Deposits in transit: 1. The June 30 bank reconciliation indicated that deposits in transit total $1,960. During July, the general ledger account Cash shows deposits of $14,500, but the bank statement indicates that $15,540 in deposits were received during the month. 2. In August, deposits per bank statement totalled $22,050 and deposits per books were $22,460. Outstanding cheques: 1. The June 30 bank reconciliation reported outstanding cheques of $550. During July, the Sandhill books showed that $17,800 of cheques were issued. The bank statement showed that $16,820 of cheques cleared the bank in July. 2. In August, cheques issued were $22,210 and cheques clearing the bank were $23,050. (a) What were the deposits in transit at July 31 and at August 31? July 31 Deposit in transit $ August 31 $