Apple Company's bank statement showed an ending balance of $5,000. Items appearing in the bank reconciliation included: outstanding checks, $500; deposits in transit, $1,000; bank service charges, $10; and Orange Company's check erroneously charged to Apple's bank account by the bank, $110. The correct cash balance at the end of the month should be reported as
a. $4,610
b. $5,390
c. $5,610
d. $6,610
e. None of the above is correct