The Cash account of Hunter Security Systems reported a balance of $4,960 at May 31, 2023. There were outstanding cheques totalling $1,800 and a May 31 deposit in transit of $400. The bank statement, which came from Royal Bank, listed a May 31 balance of $7,600. Included in the bank balance was a collection of $1,260 on account from Latha Vithanages, a Hunter customer who pays the bank directly. The bank statement also shows a $40 service charge and $20 of interest revenue that Hunter earned on its bank balance. Prepare Hunter’s bank reconciliation at May 31, 2023.