Extracted text: The cash account for Highlander Diamond Co. on April 1, 20Y5, indicated a balance of $35,400. During April, the total cash deposited was $120,255, and checks written totaled $109,200. The bank statement 30, 20Y5. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $21,450. b. A deposit of $13,913, representing receipts of April 30, had been made too late to appear on the bank statement. c. A check for $710 had been incorrectly charged by the bank as $170. d. A check for $220 returned with the statement had been recorded by Highlander Diamond Co. as $2.200. The check was for the payment of an obligation to Dirt Dog Inc. on account. e. The bank had collected for Highlander Diamond $6,480 on a note left for collection. The face of the note was $6,000. f. Bank service charges for April amounted to $115. g. A check for $1,950 from Fly Ball Co. was returned by the bank because of insufficient funds. Instructions: 1. Prepare a bank reconciliation as of April 30. HIGHLANDER DIAMOND CO. Bank Reconciliation April 30, 20Y5 Cash balance per bank statement 60,927 Add: Deposit of April 30, not recorded by bank v 13,913 74,840 Deduct: Outstanding checks v 21,450 V Deduct: Bank error in charging check as $170 instead of $710 540 21,990 Adjusted balance Cash balance per Highlander Diamond Co. Add: Proceeds of note collected by bank, including $480 interest v 6,480 Add: Error in recording check as $2,200 by company instead of $220 V 1,980 8,460 Deduct: Check returned because of insufficient funds v 1,950 Deduct: Bank service charges v 115 2.065 Adjusted balance