The following information is from Cranium Conundrum Corporation:

1. Cash balance per bank of $7,263 as of July 31^st.
2. July bank service charge not recorded by the company of $28.
3. Cash balance per books of $7,284 as of July 31^st.
4. Deposits in transit of $1,300 as of July 31^st.
5. The bank collected $716 for the companya $700 note plus $16 in interest. The company had not yet recorded this transaction.
6. Outstanding checks of $591 as of July 31^st.

What is the adjusted cash balance (also known as the correct cash balance) as of July 31st?