Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Date Checks Deposits Other Balance May 1 $ 320 May 4 #2 $ 40 $ 80 360 May 12 #4 130 NSF check $ 80 150 May 28 #5 50 100 May 30 #6 45 320 375 May 31 #8 85 Service charge 35 255 Cash (A) Debit Credit May 1 320 May 3 80 40 May 3 #2 100 May 4 #3 130 May 8 #4 50 May 11 #5 45 May 21 #6 May 29 320 55 May 29 #7 May 30 210 85 May 30 #8 May 31 425