You are doing a bank reconciliation for May, 2010. You have a $2,785 unadjusted ledger cash balance and the following data:

* Outstanding checks: $200, $800, $625

* Deposits in transit: $1,200

* Check written for $505 but incorrectly recorded as $550

* NSF check from a customer: $500

* Bank service charge for May: $5

* Balance per bank statement: $2,750

What dollar amount should be deducted from the balance per bank statement?

A) $1,425

B) $1,625

C) $505

D) $2,125