4.) Core Company provided the following data for the purpose of reconciling the cash balance per book with the balance per bank statement on December 31, 2013: Balance per bank statement 2,000,000 Outstanding checks (including certified check of P100,000) 500,000 Deposit in transit 200,000 December NSF checks (of which P50,000 had been redeposited and cleared by December 27) 150,000 Erroneous credit to Core's account, representing proceeds of loan granted to another company 300,000 Proceeds of note collected by Bank for Core, net of service charge of P20,000 750,000 What is the cash in bank to be reported on December 31, 2013? a. 1,500,000 b. 1,400,000 C. 1,800,000 d. 1,450,000