The following data were accumulated for use in reconciling the bank account of Maplewood Co. for July: Cash balance according to the company's records at July 31, $28, 760. Cash balance according to the bank statement at July 31, $30, 330. Checks outstanding, $5, 840. Deposit in transit, not recorded by bank, $4, 690. A check for $270 in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $30. Prepare a bank reconciliation, using the format shown in Exhibit 7. If the balance sheet were prepared for Maplewood Co. on July 31, what amount should be reported for cash