Using the following information, calculate the adjusted bank balance.

Bank balance: $12,565.

Book balance: $13,744.

Deposits in transit: $2,509.

Outstanding checks: $1,777.

Bank charges: $125.

Bank incorrectly charged the account for $38. The bank will correct the error next month.

Check number 1879 correctly cleared the bank in the amount of $562 but posted in the accounting records as $652. This check was expensed to Utilities Expense.