The Conner Company's August 31 pre-reconciliation cash balance on its books was $90,500. As of August 31, outstanding checks total $44,200 and deposits in transit total $30,100. Assuming there are no other reconciling items, what was the August 31 cash balance on Conner's bank statement?

Multiple Choice

• $104,600.

• $14,100.

• $90,500.

• $76,400.