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The following information was taken from the bank reconciliation for Mooner Sooner Inc. at the end of the year Bank balance: $9,200 Checks outstanding: $7,500

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The following information was taken from the bank reconciliation for Mooner Sooner Inc. at the end of the year Bank balance: $9,200 Checks outstanding: $7,500 Note collected by the bank: $1,700 Service fee: $28 Deposits outstanding: $4,700 NSF check (bad check) returned for $300 What is the correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year? O $8.900 O $6.400 O s10600 O $6.372

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