The following information is needed to reconcile the cash balance for Gourmet Catering Services. * A deposit of $5,600 is in transit. *Outstanding checks total $1,200. * The book balance is $6,400 at February 28, 2025. * The bookkeeper recorded a $1,700 check as $17,000 in payment of the current month's rent. * The bank balance at February 28, 2025 was $18,630. * A deposit of $500 was credited by the bank for $5,000. * A customer's check for $3,100 was returned for nonsufficient funds. * The bank service charge is $70. What was the adjusted book balance? OA. $18,700 OB. $18,530 OC. $18,600 OD. $18.670 On December 1, 2024, Restaurant Equipment, Inc. sold machinery to a customer for $23,000. The customer could not pay at the time of sale but agreed to pay 3 months later and signed a 3-month note at 8% interest. What was the total amount of cash collected by Restaurant Equipment on the maturity of the note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) OA. $23,460 OB. $460 OC. $22,540 OD. $24,840