The following information is available for Milton Pty Ltd: The May 2019 bank statement showed the following: $ Balance, May 1 $22,900.00 Paid checks 14,304.20 Deposits 16,489.65 Interest earned by Milton Pty Ltd 30.00 Bank service charge 28.00 Balance, May 31 25,087.45 Milton Pty Ltd's cash (records) accounts showed the following for May 2019: $ Balance, May 1 $30,971.45 Debits 25,700.40 Credits 22,886.54 Balance, May 31 33,785.31 . Outstanding checks totalled $1,000.14. Deposits in transit totalled $11,000.00. The bank statement reveals that Milton Pty Ltd's account has been reduced by $500. The company had deposited a $500 check from one of its customers, which was subsequently returned to Milton Pty Ltd's bank and marked "Not Sufficient Funds". The bank collected a $1,800 note for Milton Pty Ltd. The company was not aware of the collection until receiving the bank statement. Required: Prepare a bank reconciliation for May 31, 2019. (10 marks)