Marvin Gardens Received a Bank Statement Showing a Balance of $1,300

Multiple Choice

Marvin Gardens received a bank statement showing a balance of $1,300. What is the adjusted balance if there was a bookkeeper error of $150 in the depositor's favour, two outstanding cheques totalling $40, a service charge of $10, a deposit in transit of $150, and interest revenue of $26 earned by the depositor?

A) $960
B) $1,586
C) $1,560
D) $1,410