[The following information applies to the questions displayed below.] The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The May 31 bank statement and the May T-account for cash (summarized) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $17,000. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. BANK STATEMENT Checks Deposits Balance, May 1 May 2 $ 7,000 May 5 #301 May 7 #302 $ 10,000 5,200 May 8 9,000 May 14 #303 460 May 17 May 22 May 27 #304 4,200 May 31 Balance, May 31 Other Balance $ 17,000 24,000 14,000 8,800 17,800 17,340 Interest earned $ 100 17,440 NSF check 240 17,200 13,000 Service charge 60 12,940 12,940 Cash (A) May 1 Debit Balance Credit 17,000 May 1 7,000 10,000 #301 May 2 May 7 9,000 5,200 May 29 #302 May 4 5,200 460 #303 May 11 4,200 #304 May 23 900 #305 May 29 May 31 Balance 17,440 4. If the company also has $50 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Total Amount of Cash and Cash Equivalents