Using the following information: a. The bank statement balance is $4,012. b. The cash account balance is $4,448. c. Outstanding checks amounted to $795. d. Deposits in transit are $1,167. e. The bank service charge is $55. f. A check for $76 for supplies was recorded as $67 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank Outstanding checks 1,167 795 Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Bank service charge Error in recording check Total adjustments Adjusted balance 55 4,012 100 000