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Thomas's financial accounting records show Thomas's cash account with ending balance of $580. Thomas just received a bank statement from Wells Fargo, his bank, showing

Thomas's financial accounting records show Thomas's cash account with ending balance of $580.  Thomas just received a bank statement from Wells Fargo, his bank, showing a $20 service chargeand an NSF check in the amount of $180.  Not included on theWells Fargo bank statement are a $250 deposit in-transit andoutstanding checks totaling $430.  What amount of cash shouldThomas report on the balance sheet? (Please prepare well-labeledcomputations supporting your answer.)

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