The companys accounting intern has prepared the end-of-January bank reconciliation from the bank statement, and is worried because the Adjusted Balance amounts do not agree. After reviewing the bank reconciliation, scroll down for the next steps in helping the intern. Murdstone Co. Bank Reconciliation January 31, 20Y5 1 Cash balance according to bank statement $23,557.98 2 Deduct deposit of May 31, not recorded by bank 12,125.25 3 $11,432.73 4 Add outstanding checks: 5 No. 124 $62.00 6 No. 125 57.00 7 No. 129 1,250.00 1,369.00 8 Adjusted balance $12,801.73 9 10 Cash balance according to Murdstone Co. $51,560.88 11 Add check returned because of insufficient funds 23,475.40 12 $75,036.28 13 Deduct: Note and interest collected by bank $15,250.75 14 Bank service charge 400.00 15 Error in recording Check No. 123 9,000.00 24,650.75 16 Adjusted balance $50,385.53