The cash account for Brentwood Bike Co. at May 1 indicated a balance of $14,680. During May, the total cash deposited was $74,430 and checks written totaled $69,110. The bank statement indicated a balance of $25,230 on May 31. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $6,440.
b. A deposit of $1,850 representing receipts of May 31 had been made too late to appear on the bank statement.
c. The bank had collected for Brentwood Bike Co. $5,250 on a note left for collection. The face of the note was $5,000.
d. A check for $390 returned with the statement had been incorrectly charged by the bank as $930.
e. A check for $210 returned with the statement had been recorded by Brentwood Bike
Co. as $120. The check was for the payment of an obligation to Adkins Co. on account.
f. Bank service charges for May amounted to $30.
g. A check for $1,325 from Jennings Co. was returned by the bank due to insufficient funds.

Required:
1. Prepare a bank reconciliation as of May 31.
2. Journalize the necessary entries. The accounts have not been closed.
3. If a balance sheet is prepared for Brentwood Bike Co. on May 31, what amount should be reported as cash?