The cash account for american medical co. at april 30 indicated a balance of $85,920. the bank statement indicated a balance of $127,910 on april 30. comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. checks outstanding totaled $32,540. b. a deposit of $18,540, representing receipts of april 30, had been made too late to appear on the bank statement. c. the bank collected $29,425 on a $27,500 note, including interest of $1,925. d. a check for $1,350 returned with the statement had been incorrectly recorded by american medical co. as $135. the check was for the payment of an obligation to targhee supply co. for a purchase on account. e. a check drawn for $570 has been erroneously charged by the bank as $750. f. bank service charges for april amounted to $40. instructions 1. prepare a bank reconciliation. refer to the amount descriptions list provided for the exact wording of the answer c