Using the following information, prepare a bank reconciliation for Hydrope Co. for May 31, 2015.

• The bank statement balance is $3,712.
• The cash account balance is $3,790.
• Outstanding checks amounted to $850.
• Deposits in transit are $845.
• The bank service charge is $45.
• Interest added to the checking account by the bank is $15.

Acheckdrawnfor$45wasincorrectlychargedbythebankas$98. I only have 10 minutes to complete this exam and it is the last question! Please help