If the Month-End Bank Statement Shows a Balance of $72,000

Multiple Choice

If the month-end bank statement shows a balance of $72,000, outstanding checks are $54,000, a deposit of $15,000 was in transit at month end, and a check for $3,000 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is

A) $33,000.
B) $36,000.
C) $72,000.
D) $114,000.