The following information was taken from the bank reconciliation for Mooner Sooner Inc. at the end of the year: Bank balance: $9,000 Checks outstanding: $7,800 Note collected by the bank: $1,300 Service fee: $21 Deposits outstanding: $4,600 NSF check (bad check) returned for $470 What is the correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year?

$5,779

$8,530

$9,830

$5,800