The following information was taken from the bank reconciliation for Mooner Sooner inc. at the end of the year: Bank balance: $8,000 Checks outstanding: $5,800 Note collected by the bank: $1,500 Service fee: $20 Deposits outstanding: $4,000 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? $10,200. $6,160. $7,400. $6,200. L A Moving to another question will save this response