Using the following information, prepare a bank reconciliation. 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 $412. 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