The Tanner Company's April 30 pre-reconciliation cash balance on its books was $44,500. While preparing the April 30 bank reconciliation, Tanner determined that outstanding checks total $14,800, deposits in transit total $8,900, and bank service charges are $69. Assuming there are no other reconciling items, what was Tanner's April 30 cash balance per the bank statement?

$50,400

$38,600

$50,331

$38,531