Ursula Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period.Replenished petty cash fund by writing a check for $292.60. On this date the fund consisted of $17.40in cash and the following petty cash receipts: postage expense $142.00 travel expense $92.60 and freight-out $56.40.On May 31 2012 Sabre Company had a cash balance per books of $7259.50. The bank statement from New York State Bank on that date showed a balance of $6882.60. A comparison of the statement with the cash account revealed the following facts.(a)Prepare the bank reconciliation at May 31 2012.