The December cash records of Durkin Insurance follow: (Click the icon to view the checkbook.) Durkin's Cash account shows a balance of $16,670 at December 31. On December 31, Durkin Insurance received the following bank statement: (Click the icon to view the December bank statement.) Bank: Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. ADD: LESS: Durkin Insurance Bank Reconciliation December 31, 2024 Additional data for the bank reconciliation follow: i (Click the icon to view the additional information.) Read the requirements. Data table able Cash Receipts Date Dec. 4 $ 9 14 17 31 Cash Debit Cash Payments Check No. Cash Credit 4,230 1416 $ 480 1417 580 1418 2,250 1419 1,800 1420 1421 1422 790 150 680 1,690 1,470 1,100 590 I : Beginning Balance Deposits and other Credits: Dec. 1 Dec. 5 Dec. 10 Dec. 15 Dec. 18 Dec. 22 Checks and other Debits: 8 11 (check no. 1416) 19 22 (check no. 1417) 29 (check no. 1418) Bank Statement for December Dec. Dec. Dec. Dec. Dec. Dec 31 (check no 1110) EFT $ BC NSF EFT 250 4,230 480 580 2,250 1,500 1,100 790 275 150 680 1.960 13,800 9,290 Dec. Dec. Dec. Dec. Dec. 19 22 (check no. 1417) 29 (check no. 1418) 31 (check no. 1419) 31 Ending Balance EFT SC 275 150 680 1,960 30 $ (4,985) 18,105 Explanations: BC-bank collection; EFT-electronic funds transfer; NSF-nonsufficient funds checks; SC-service charge a. The EFT credit was a receipt of rent. The EFT debit was an insurance payment. b. The NSF check was received from a customer. c. The $1,500 bank collection was for a note receivable. d. The correct amount of check no. 1419, for rent expense, is $1,960. Durkin's controller mistakenly recorded the check for $1,690. 1. Prepare the bank reconciliation of Durkin Insurance at December 31, 2024. 2. Journalize any required entries from the bank reconciliation