The following data were accumulated for use in reconciling the bank account of Nakajima Co. for July: 1. Cash balance according to the company's records at July 31,$25,970. 2. Cash balance according to the bank statement at July 31,$27,500. 3. Checks outstanding, $5,270. 4. Deposit in transit, not recorded by bank, $4,230. 5. A check for $170 issued in payment of an account was erroneously recorded in the check register as $710. 6. Bank debit memo for service charges, $50. a. Prepare a bank reconciliation, using the format shown in Exhibit 12