The difference between the and the from the sale of a product is called producer surplus. highest price a firm wold have been willing to accept; lowest price it was willing to accept cost to produce a product; profit received lowest price a firm would have been willing to accept; price it actually receives cost to produce a product; price a firm actually receives

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?