The following information was taken from BammerCo's bank reconciliation at the end of the year: Bank balance $ 45,000 $ 9,000 $ 3,500 Checks outstanding Note collected by the bank Service fee Deposits in transit NSF check $ 200 $ 6,000 $ 800 What is the correct cash balance that should be reported in BammerCo's balance sheet at the end of the year? Select one: O a. $48,000 O b. $42,000 O c. $45,500 Od $44,500 Oe. $45,000