You have been asked to prepare a bank reconciliation and are given the following information. The bank statement balance is $4850 and shows a service charge of $28 , interest earned of $2, and an NSF cheque for $150 . Deposits in transit total $1,300; outstanding cheques are $550. You recorded as $158 a cheque of $132 in payment of an account payable. (1) What is the adjusted bank balance? (2) What was the book balance of cash before the reconciliation