The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement on June 30 was $59,671. Deposits in transit on June 30 were $2,435. A debit memo was included with the bank statement for a service charge of $25. A $4,324 check written in June had not been paid by the bank. The bank statement included a $1,400 credit memo for the collection of a note. The principal of the note was $1,365, and the interest collected amounted to $35. Required: Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding items to determine the true balance.)

What is the true cash balance?