The following information pertains to Sheridan Company. 1. Cash balance per bank, July 31,$8,188. 2. July bank service charge not recorded by the depositor $57. 3. Cash balance per books, July 31,$8,224. 4. Deposits in transit, July 31,$3,560. 5. $2,876 collected for Sheridan Company in July by the bank through electronic funds transfer. The collection has not been recorded by Sheridan Company. 6. Outstanding checks, July 31,$705. Prepare a bank reconciliation at July 31, 2022. (List items that increase balance as per bank \& books first.)