The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance before reconciliation $5,000 Checks outstanding $2,500 Notes collected by the bank $2,200 Service fee $50 Deposits outstanding $2,000 What is the correct cash balance for Sooner Company?
(A) $5,150.
(B) $7,650.
(C) $7,150.
(D) $7,250.
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