The May bank statement for Consulting Services shows a balance of $7,000, but the balance per books shows a cash balance of $8,900. Other information includes 1. A check for $170 to pay the electric bill was recorded on the books as $20. 2. Included on the bank statement was a note collected by the bank for $360 plus interest of $40. 3. Checks outstanding totaled $270. 4. Bank service charges were $40. 5. Deposits in transit were $2,380. The adjusted cash balance at the end of May should be: O A. $9,280 O B. $8,920 O C. $9,230 OD. $9,110