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Use the following partial bank reconciliation for Pumpkin Inc. to answer the next question. $51,800 Balance per Bank Deposits in transit Outstanding checks $50,000 Balance

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Use the following partial bank reconciliation for Pumpkin Inc. to answer the next question. $51,800 Balance per Bank Deposits in transit Outstanding checks $50,000 Balance per books 10,000 Interest earned 8,000 Service charge INSF $52,000 Adjusted balance 20 120 Adjusted balance How much interest did Pumpkin earn? $340 $60 $300 $120

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