Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $25,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following:



Deposit in transit $2,850
Outstanding checks $1,215


Additionally, a $36 check written and recorded by the company correctly was recorded by the bank as a $63 deduction.
The adjusted cash balance per the bank records should be:

A.) $26,996

B.) $21,323

C.) $29,453

D.) $27,023

E.) $26,969