The February 28 , Year 1 bank statement for Bayern Company and the February ledger accounts for cash are summarized here: No outstanding checks and no deposits in transit were carried over from January; however, there are deposits in transit and checks outstanding at the end of February. Required 1. Reconcile the bank account. 2. Give any journal entries that should be made as the result of the bank reconciliation. 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the February 28 balance sheet