On May 31, Money Corporation's Cash account showed a balance of $17,000 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: Checks outstanding $ 2,850 Deposits outstanding 3,200 NSF check 120 Service fees 110 Error: Money Corp. wrote a check for $50 but recorded it incorrectly for $500. What is the amount of cash that should be reported in the company's balance sheet as of May 31
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