The following information should be used to prepare a bank reconciliation for FigMint Sales and Consulting as of December 31. Prepare the reconciliation on the Bank Reconciliation tab. amount amount On December 31, 2019, FigMint Sales and Consulting Co. had a cash balance in the ledger as shown to the right. The December statement from Michigan State Bank showed a balance on December 31, 2019 also as shown to the right. The following facts regarding banking and cash activities are available. $237,894 235502 ledger bank The bank service charge for December 50 The bank collected an amount that was owed to FigMint Sales and Consulting Co by a customer, through electronic funds transfer. 17580 The December 31 receipts were not included in the bank deposits for December. These receipts were deposited by the company in a night deposit vault on December 31. 23540 Company check No. 2480 issued to Polar Vortex Co, a creditor, for $580 that cleared the bank in December was incorrectly entered in the cash payments journal on December 10 for $508. 580 508 correct incorrect amount amount Checks outstanding on December 31 15220 On December 31, the bank statement showed an NSF charge for a check received by the company from Icey Sleet, a customer, on account. 1680 The bank statement shows a check was charged to FigMint's account. The check was written by Freezeing Rain Company not FigMint Sales and Consulting . 9850 Prepare the bank reconciliation as of December 31. Prepare the necessary entries at December 31 to update the cash account. Place the Journal entries on the Journal entries Tab FigMint Consulting & Sales and Sales Inc Bank Reconciliation December 31 2019 BANK Balance December 31, 2019 Additions Subtractions Corrected Cash Balance BOOK Balance December 31, 2019 Additions Subtractions Corrected Cash Balance